President William Ruto's administration is on the verge of securing a Ksh72 billion loan from China for the construction of major roads, including a 124-kilometre highway connecting Kenya and Tanzania.
Treasury Cabinet Secretary John Mbadi, who spoke on Wednesday, May 14, said the highway was initially planned to be constructed with funding from the World Bank. However, due to unprecedented delays by the lender in disbursing the funds, the road could potentially be constructed using the credit facility from China.
Speaking during an interview with Ramogi FM, Mbadi said the agreement for the construction of the Ksh124km road using the Chinese loan was reached after deliberations with Transport CS Davis Chirchir.
Treasury CS John Mbadi, during a meeting with a delegation from the Federation of Kenya Employers at his office on May 24, 2025.
