Following critical strides made to uplift Kenya’s infrastructure and the recent launch of Kenya’s National Priority List of PPP Projects progress continues since the ‘Government Investor Conference’ where the Nairobi - Nakuru - Mau Summit Highway Project was launched.
ACM’s Road Development Kenya Forum taking place in Nairobi Kenya is developing this platform to provide critical updates on procurement of road projects under various schemes. The Kenyan Government alongside transaction advisory teams have spoken about the projects and have successfully taken steps to engage developers and lenders. This is a clear sign that road projects have been prioritised by the government and the private sector will have to engage with key stakeholders in order to provide the road sector with expertise, products and services.
Only 14% of their roads are paved in Kenya’s capital city. Nairobi suffers from massive congestion; road safety and traffic management have reached a critical stage. Where roads are adequate, road maintenance is a potential problem due to lack of investments given to rehabilitate current roads.
It is no surprise that the Kenyan government has allocated the highest budget to the transport sector after years of under-investment. Further to this, the New Africa Road Maintenance Fund will step in to track the management and administration of road funds in Kenya and inevitably bolster project delivery over the next 12-48 months.
The Road Development Kenya Forum is a platform where further momentum is created to drive the private sector coming from Europe, Asia, Middle East & Africa to start creating future consortiums, understanding the bidding process and requirements needed to ultimately win road related projects in Kenya.
The topics will range from design and construction of expressways, local roads and rural roads, maintenance of existing road assets such as pavements and bridges. Critical needs for freight and urban transport highlighting passenger safety and security.
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