The Kenya Urban Roads Authority (KURA) has secured sh3.2 billion concessional loan for the design and construction of the Ngong Road-Naivasha Road interchange.
This is the first mega deal the agency is recording under President William Ruto’s administration.
The project is a joint partnership between KURA and a Spanish firm dubbed Centunion.
“KURA has today signed a Ksh. 3.2 billion concessional loan with Centunion of Spain for the design and construction of the Ngong Road-Naivasha Road interchange,’’ reads KURA statement.
The signing was witnessed by Transport CS Kipchumba Murkomen, his PS Eng. Joseph Mbugua and KURA Director general Eng. Silas Kinoti among others.