Ksh468 Billion Nairobi-Mombasa Expressway Project Rejected

The expressway was projected to reduce the travel time from Nairobi to Mombasa by half...
✨ Key Highlights
The ambitious Nairobi-Mombasa Expressway Project, costing Ksh468 billion, has been rejected by the Public-Private Partnerships (PPP) Committee due to unmet standards in the submitted Project Development Report.
- Project report was found non-compliant with PPP Act, 2021, Section 43(11)(c)
- Involved party: Everstrong Capital, a US-based infrastructure firm
- Proposal may be resubmitted for further assessment as per Section 43(12) of the Act
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