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Contract awarded for Kenya’s first expressway

Trade Conduit

By:  
Creamer Media Correspondent
 
INFRASTRUCTURE – 1
US company Bechtel International has been awarded the construction contract for Kenya’s first expressway, which has been dubbed one of the most important new pieces of infrastructure in the East African Community region. The 473 km high-speed expressway, connecting Nairobi, the country's capital, and the port city of Mombasa, will be built at a cost of $2.1-billion, with financing to be provided by US export credit agencies, the US Export-Import Bank, the UK Overseas Private Investment Corporation and UK Export Finance.
 
 
 
 
 

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