Kenya requires Sh1 trillion yearly for mega works

A SECTION OF THE ONGOING EXPANSION OF OUTERING ROAD. FILE PHOTO | NMG

Kenya requires about Sh1 trillion a year to create a 21st-century transportation, water, and communications as well as electricity infrastructure system according to a new global report that calls on policymakers to help “close the investment gap.”

The G20’s Global Infrastructure Outlook Report released Tuesday — covering infrastructure investment needs globally for 50 countries and seven sectors — said $206 billion (about Sh21.4 trillion) is required to cater to the country’s infrastructure needs for the next 23 years.

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