Pension funds to finance Mau Summit toll road

Acting RBA chief executive Nzomo Mutuku speaks at the Making Africa Work for Africa conference yesterday. PHOTO | DIANA NGILA | NMG

The government plans to use the Nairobi-Nakuru-Mau Summit four-lane carriageway to pilot infrastructure investment by pension schemes that control over Sh900 billion in member deposits.

Acting Retirement Benefits Authority chief executive Nzomo Mutuku said this would help the funds earn higher returns while contributing to national good, as a diversification from their traditional portfolio of the bourse and government securities.

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