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Originally published by Nation News
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March 26, 2026
20h ago

Bomas upgrade funding source

Bomas upgrade funding source

The project will cost the taxpayer at least Sh42 billion...

✨ Key Highlights

The Kenyan government has revealed the estimated cost and contractor for the Bomas of Kenya reconstruction project, aimed at transforming it into the Bomas International Convention Centre (BICC).

  • The project is expected to cost taxpayers at least Sh42 billion.
  • Key figures involved include Defence Principal Secretary Patrick Mariru and the contracting firm China Road and Bridge Corporation (CRBC).
  • Despite initial disclosures, the mode of financing remains inconsistent, with indications pointing towards a public-private partnership involving the securitization of Tourism Fund levies, and the project's completion deadline of June 2026 raises doubts about its ability to host the upcoming Africa-France conference.

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