China firm to get Sh106bn on city expressway toll fees

Work in progress on Nairobi Expressway. FILE PHOTO | NMG

The Chinese firm that will build and operate the Nairobi Expressway will earn an estimated Sh106.8 billion profit for the 27 years it will own the double-decker road.

China Road and Bridge Corporation (CRBC), which built the Sh474 billion Mombasa-Naivasha standard gauge rail (SGR), will earn $977 million (Sh106.8 billion) as dividend and other incomes from the $2,765 million (Sh302.4 billion) revenues that are expected from the mega road.

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Note: The results are not exact but very close to the actual.