US firm to fund, build Mombasa-Nairobi expressway

Transport secretary James Macharia. PHOTO | JEFF ANGOTE

The Sh300 billion Nairobi-Mombasa expressway will now be built and owned by a private investor after the government opted out of taking a loan to build the mega highway to curb the ballooning public debt.

Transport and Infrastructure Cabinet Secretary (CS) James Macharia said Tuesday the 473-kilometre road will be built using money from private investors who will then recoup back their cost by charging a toll fee.

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