Last Updated 14 years ago by Kenya Engineer
This year’s budget of Sh1.4 trillion-an increase from last year’s budget of Sh1.2 trillion- saw to a 21.1 percent increase in the money allocated for the country’s infrastructure .The sector has experienced a continued increased allocation for quite some time now. A total of Sh286 billion has been allocated for the roads, rail and energy sectors.
The roads were given Sh123.6 billion, up from Sh104.3 billion last year’s budget. The urban commuter rail infrastructure which is seen as a good option to help minimize the hectic traffic jams in some routes towards the city centre received Sh1.45 billion while the energy sector got a boost to Sh79.9 billion from the previously allocated, Sh57.5 billion. However, no cash was allocated for the mega LAPSSET since it will be funded by donors.
The Investment in infrastructure is intended to spur and sustain the country’s economic growth to above the projected 5.2 per cent. Infrastructure could as well help achieve the much needed 7-10 per cent economic growth rate to power the country to a middle income level country by the year 2030.
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