π Tender Overview
The high-speed road is expected to have 4-6 dual carriage lanes. the expressway is structured as a Public-Private Partnership (PPP) with revenue coming from road users. This relieves the Kenyan government of the burden of sourcing loans to fund the project.
βUsahihi will organize finance, construction, tolling, operation, and maintenance of the expressway under a 30-year concession with construction lasting 3-4 years
The 440km Mombasa-Nairobi Expressway, which has been renamed Usahihi Expressway, is expected to cost $3.6 billion (Sh470 billion). significant part of the Sh470 billion investment will come from American development finance institutions, with additional investments coming from Kenyan private sector investors and pension funds.
In December last year, the Mombasa-Nairobi Expressway project secured first-stage government approval for construction under a PPP model.
Previous Events:
KeNHA awarded the design-build contract for the highway expansion to US-based engineering, procurement and construction (EPC) company Bechtel in August 2017. Four years later, Bechtel rejected Kenyaβs offer.