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July 11, 2025
1mo ago

Govt Terminates Ksh337 Billion Deal With International Company

Govt Terminates Ksh337 Billion Deal With International Company

The government also rejected another expressway construction deal worth Ksh464 billion...

✨ Key Highlights

The Kenyan government has terminated a Ksh337 billion deal for the construction of the High Grand Falls dam, aimed at increasing electricity generation and agricultural irrigation.

  • The termination was approved by the National Treasury on July 2, 2025, following a review of the feasibility study.
  • President William Ruto announced this decision amid other project cancellations, including the Ksh464 billion Nairobi–Mombasa expressway.
  • Despite the termination, the PPP Committee has allowed the UK firm to amend and resubmit the feasibility study for re-evaluation.

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Govt Terminates Ksh337 Billion Deal With International Company