Finance Minister Njeru Githae and World Bank Country Director Johannes Zutt at Treasury on June 21, 2012. With them is Mr Jackson Kinyanjui. Photo/LAWRENCE MAINGI/FILE/ nation media group
The signing of the loan, which was approved in August by the World Bank board, means the government can now issue tender notices for the road construction.
The double decker road will run from Nyayo National Stadium — connecting Mombasa Road to Westlands roundabout. It is likely to end what has become a nightmare section for motorists in Nairobi, owing to congestion.
The money will also be used to expand Waiyaki Way up to Rironi to create an extra lane for commuter buses.