Govt moves to create Infrastructure Fund to finance energy to power industries
The President explained that the fund will help the government generate reliable energy to power manufacturing and industries, dams to guarantee food security and irrigation, and expand our road network to improve national and regional connectivity. - Kenya breaking news | Kenya ..
✨ Key Highlights
President William Ruto announced the upcoming creation of a National Infrastructure Fund to Finance massive infrastructure projects aimed at propelling Kenya into the league of developed countries. This fund will support energy generation for industries, dam construction for food security, and extensive road network expansion.
- The country will require over KSh1 trillion to expand power capacity by an additional 10,000MW within the next five to seven years.
- The President made these remarks during the commissioning of the completed Phase One Horizontal Infrastructure of the Konza Technopolis in Makueni County.
- Kenya and South Korea had the same GDP in 1963, but South Korea's GDP is now 20 times larger.
Continue Reading
Read the complete article from Capital News
Part of the Day's Coverage
Government Announces National Infrastructure Fund, Ulinzi Construction Company, and Last Mile Project - October 2025
President William Ruto announced the upcoming creation of a National Infrastructure Fund to finance massive infrastructure projects. This fund will support energy generation for industries, dam construction for food security, and extensive road network expansion. The President also announced the formation of the Ulinzi Construction Company, a new military-run entity tasked with undertaking infrastructure development in Kenya's challenging and underserved regions, following a 2021 mandate. Separately, the government aims to connect 1.18 million new homes to electricity by 2027 through the renewed Last Mile Connectivity project. Initiated in 2015, this project provides free electricity connections to new customers.
