Taxpayers to choke KSh9.7 billion more on Nairobi Expressway than was budgeted by Uhuru’s administration, costing another whopping KSh24.8 billion.
The Nairobi Expressway will cost the taxpayers a total of Sh24.8 billion, according to documents by the Treasury.
This would be Sh9.7 billion more than the Sh15.1 billion that retired President Uhuru Kenyatta’s administration said the road would cost.
Treasury documents show that the government has already released a total of Sh5.93, and a further 18.9 billion remains outstanding.
The Treasury had released Sh5.93 billion by end of June last year.
This means that once the government releases the outstanding balance, taxpayers would spend a total of Sh24.8 billion.
Last year, then Transport and Infrastructure Cabinet Secretary James Macharia said the government had spent Sh15.1 billion on land compensation and transfer of utilities such as water, electricity, and fibre optics.
This would be more than the Nairobi Southern Bypass and the Nairobi Western Bypass, which cost taxpayers a total of Sh24.2 billion and Sh24.5 billion respectively.
The expenditure of Sh24.8 billion is in addition to a contingent liability of the multi-billion project that exposes Kenya’s government to lawsuits should the project abort before the 27 years that the contractor, China Road, and Bridge Corporation, is expected to recover its investments.
The 27.4 kilometre Double-Decker road running from Mlolongo to Westlands was constructed by a Chinese firm contractor under a public-private partnership (PPP) model at a total cost of Sh88 billion.
The Nairobi Expressway, which links Westlands to Jomo Kenyatta International Airport (JKIA), was built by a Chinese contractor on a Public Private Partnership (PPP) model at a total cost of Sh88 billion.