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Ngong – Isinya and Kajiado - Imaroro roads

Sector: Road • Location: Kenya

Source: World Bank Group

Project
Active

The project entails the upgrade of the existing roads Ngong – Isinya and Kajiado - Imaroro with a total length of 91.5 km. Sponsor of the project is Intex Construction Company. The debt equity ratio is 90:10. KCB Kenya Limited is the senior lender. The type of concession is BROT with 10 years period. The government is to make a capital contribution at the start of the project. This capital contri

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The project “Ngong – Isinya and Kajiado - Imaroro roads” is an infrastructure initiative in the Road sector, located in Kenya. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

The project entails the upgrade of the existing roads Ngong – Isinya and Kajiado - Imaroro with a total length of 91.5 km. Sponsor of the project is Intex Construction Company. The debt equity ratio is 90:10. KCB Kenya Limited is the senior lender. The type of concession is BROT with 10 years period. The government is to make a capital contribution at the start of the project. This capital contribution would go toward the construction of the road and is to be determined as a percentage of the EPC cost. Financial close took place on February 13, 2018. http://www.kassfm.co.ke/home/2017/07/05/president-kenyatta-launches-construction-of-key-road-in-kajiado-asks-maa-community-to-support-him/ https://www.nation.co.ke/news/1056-3222590-6l45jgz/index.html https://www.nation.co.ke/business/Annuity-roads-plan-back-on-track-says-Macharia/996-4073324-cletnsz/index.html http://ns399443.ovh.net/project/32/lot-33-ngong-kiserian-isinya-and-kajiado-mshuru-ishara-roads

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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