How Ruto Plans to Raise Ksh293 Billion to Support Mega Projects
There are a total of 37 projects the government is focused on...
✨ Key Highlights
Kenya's National Treasury plans to raise Ksh293.6 billion in the 2025/26 financial year through Public-Private Partnership (PPP) arrangements to fund mega projects. This strategy aims to reduce reliance on domestic borrowing, projected at Ksh635.5 billion for the same period.
- The government is targeting Ksh293.6 billion through PPP arrangements for the 2025/26 financial year.
- Treasury CS John Mbadi emphasized that Kenya is ready for PPPs as an investment option, stating that the initiatives will reduce pressure on the country's fiscal space and manage debt.
- Currently, Kenya has five operational PPP projects valued at Ksh123.1 billion, including the Nairobi Expressway and the 35MW Sosian geothermal plant.
- There are 34 national government and three county government projects at various stages in the PPP pipeline.
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Govt Plans New Airport and Ksh293.6B PPP Funding; Court Halts Rice Imports - August 2025
The Kenyan government plans to construct a new airport to replace the existing Jomo Kenyatta International Airport (JKIA) to address infrastructure challenges. To fund such mega projects, the National Treasury plans to raise Ksh293.6 billion in the 2025/26 financial year through Public-Private Partnership (PPP) arrangements. This strategy aims to reduce reliance on domestic borrowing. In a separate matter, the High Court in Kerugoya temporarily halted the government's plan to import 500,000 metric tonnes of rice duty-free. This decision followed a petition by the Farmers Party, which argued the importation would negatively impact local farmers.
