Mon, 01-Dec 2025

Search news articles
  • Home
  • Press Releases
  • All CategoriesAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Media
Subscribe
Events
  • Disclaimer
  • Privacy Policy
  • Advertise with us
  • Share with us

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

Disclaimer

The information contained in this website is for general information purposes only.
© 2025 Wallstreet Africa. All Rights Reserved.
1.0.23

Largest Construction Firm in US bags Sh 230Bn deal to build Kenya’s first high-speed highway

The Kenyan
By The Kenyan Wall Street
- August 23, 2017
- August 23, 2017
Kenya Business news
Largest Construction Firm in US bags Sh 230Bn deal to build Kenya’s first high-speed highway

Two months after opening its Nairobi Regional Office, America’s Largest Construction Firm Bechtel International Inc. has been selected by the Kenyan National Highways Authority to build the country’s first high-speed expressway at a cost of Sh230 billion.

The construction of the 473-kilometre (Nairobi-Mombasa) high-speed expressway will vastly improve the connectivity, efficiency and safety of road transport between Nairobi and the country’s main sea port, Mombasa, and will reduce the journey time from over 10 hours to under four hours. The highway will allow uninterrupted speeds of 120 kilometre per hour.

The expressway will serve as a central part of Kenya’s national transport system, helping to promote trade and development in Kenya and further into landlocked Uganda, Rwanda and Burundi. This project will complement the new Standard Gauge Railway (SGR) to transform the 280-mile (450-kilometer) Nairobi-Mombasa corridor into a vibrant and continuous economic zone.

“Bechtel has been working with the Government of Kenya for over two years to develop this strategic infrastructure priority project, which will support unlocking significant growth in Kenya and the region,” said Craig Albert, president of Bechtel’s global infrastructure business. “We will bring global megaproject capability and local commitment to deliver the Nairobi-Mombasa expressway to our high standards of quality, safety and sustainability. We’ll create infrastructure and skills legacies by partnering with local companies, suppliers, and directly employing and training Kenyans.”

The high-speed expressway will be one of the most important new pieces of infrastructure in the East African Community.  It will have four lanes and 19 interchanges. The expressway will become a toll road and will provide a faster transit to support growth and industry. As part of the delivery of the project, Bechtel will employ over 4,000 people and provide training and capacity building. The project will also include master planning for three special economic zones along the alignment, and will be focused on developing business in coordination with the new SGR and local communities.

The project has been structured to achieve early completion, under a fast-track delivery model, with concurrent design and construction, and with the first section, from Mombasa Road – Kyumvi to ICT Konza, targeted to open in 2019.

The construction will start 2018 while the US and UK export credit agencies such as the US Export-Import Bank, the Overseas Private Investment Corporation (OPIC) and UK Export Finance will provide financing support.

Bechtel is a global leader in designing and constructing motorways. The company has completed more than 17,000 miles (28,000 kilometers) of highways and roads, 100 tunnels totaling some 220 miles (about 350 kilometers) in length, and 25 major bridge projects.

READ;

America’s Largest Construction Firm Bechtel Opens Nairobi Regional Office

Nairobi Ranked World’s Cheapest City for Construction

The Kenyan Wall Street

We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

Your edge in markets, powered by AI

Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

Sign Up

Show me today’s top trades

Explain the market in simple terms

What’s my next smart move?

Report Issue

Unlock Market Insights Like Never Before

Access exclusive news, expert analysis, and tools designed to give investors an edge.

African Market Indices

Track key African stock exchanges and indices, from Johannesburg to Nairobi and Lagos.

Local and Global Insights

Unique perspective with a blend of local and global news and analysis, tailored for African investors.

Real-Time Economic Indicators

Monitor inflation, currency movements, and other key economic indicators for African countries.

Interactive Data for Local Markets

Visualize trends and compare markets across Africa with interactive charts and tools.
Wallstreet Africa
Wallstreet Africa
Wallstreet Africa
Wallstreet Africa