RUTO: JKIA to be first beneficiary of Ksh 5T infrastructure fund

The government is set to commence implementation of key projects across the country beginning with the Jomo Kenyatta International Airport (JKIA) after enactment of the Ksh 5 trillion Infrastructure Fund...

✨ Key Highlights

President William Ruto has assented to the National Infrastructure Bill, establishing a Ksh 5 trillion infrastructure fund that will kickstart with the expansion of Jomo Kenyatta International Airport (JKIA).

The fund aims to mobilize at least Ksh 5 trillion for infrastructure investment.
Key figures include President William Ruto and the newly formed Governing Council which includes the Cabinet Secretary for the National Treasury, the Governor of the Central Bank of Kenya, and the Attorney-General.
JKIA will be the first project to receive approximately Ksh 20 billion in equity participation from the fund and domestic institutional investors.