US company lobbies Kenya for Sh300bn road contract

An Artistic impression of an interchange on the proposed expressway. PHOTO | COURTESY

The Sh300 billion Nairobi-Mombasa expressway, whose construction is set to begin in July will over 25 years generate nearly twice the money spent on the project, the American contractor Bechtel has told the Treasury.

Bechtel executives made public the firm’s estimate last week when they met Treasury officials to fine-tune the financing of the 473-kiometre road — the region’s first high-speed motorway that is expected to halve travel time between the two major cities.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.