County Acquires 6 Billion For Road Construction

Meru County Governor Peter Munya has struck a deal with Malaysia for construction of a 300-kilometre road at low cost. At Sh22 million per kilometre, the total cost is Sh6.6 billion, which Munya explained is a third of the national infrastructure cost. "This cost is lower than the national infrastructure cost of Sh60 million per kilometre," Munya said.

The project is split into two phases. "The 50 kilometres in the first phase will kick off in January and last for eight months. The remaining 250 kilometres will be completed in two years," he added. Malaysia’s Exim bank is financing the project and the county government will repay the loan in ten years. Each year the county will set aside Sh500 million, Munya told a news conference in Nairobi at the weekend. Munya explained that the funds would be drawn from the county’s infrastructure budget and since this year’s allocation is Sh900 million, the balance of Sh400 million would be spent on other infrastructural projects.

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