State unveils JKIA upgrade funding plan
The 70-30 formula will see the government utilise the newly established National Infrastructure Fund (NIF) to attract other investors such as pension funds...
✨ Key Highlights
The Kenyan government has unveiled a funding plan for the expansion of Jomo Kenyatta International Airport (JKIA), with ground-breaking set for June.
- The project will utilize a 70-30 debt-equity ratio, with the National Infrastructure Fund (NIF) attracting private investors.
- Transport Cabinet Secretary Davis Chirchir stated the government aims to invest 18 per cent of the total project cost to encourage private sector participation.
- The estimated cost of the expansion was previously cited as Sh206 billion by a withdrawn proposal.
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KeNHA Threatens Arrests on Nairobi-Nakuru Highway Ahead of Safari Rally - March 2026
The Kenya National Highways Authority (KeNHA) is threatening arrests for illegally parked trucks on the Nairobi-Nakuru highway to manage traffic during the Safari Rally scheduled from March 12th to March 15th, 2026. This comes as KeNHA issued traffic advisories revealing routes to beat expected Naivasha congestion. Meanwhile, the government unveiled a funding plan for Jomo Kenyatta International Airport expansion with ground-breaking set for June. Additionally, Treasury clarified that civil servants' salaries will not be subject to deductions to finance the newly established National Infrastructure Fund, which aims to raise significant capital for infrastructure development without burdening public employees.
