Motorists and commuters using the Outering road will soon be relieved of 30 minutes travel time to the Central Business District with African Development Bank’s (AfDB) approval of the $120 million (KSh10.4 billion) Nairobi Outer Ring road expansion project.
AfDB Regional Director for Eastern Africa, Mr. Gabriel Negatu has confirmed the financing as a mix of grant and loan from the Africa Development Fund (ADF), with the Government of Kenya as the counterpart financier of the project whose total cost in $130 million (approximately KSh11.2 billion).
“We believe that this road will not only reduce the travel time from the current 45 minutes to 15 minutes, but will also transform the socio-economic welfare of the people living along the transport corridor,” said Mr. Negatu.
The 13-kilometer project, on completion is expected to directly enhance the traffic circulation and eliminate traffic bottlenecks to economic centres such as the industrial zone, and the residential areas of Eastlands, according to an official statement.
“The key outcomes of the project would include improved property values arising from reduced congestion, and improved business environment for informal traders owing to access to new market facilities and improved sanitation,” added Mr. Negatu.(Read also: Road Upgrade to divert traffic from the capital)