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Mau Summit toll road contractor set to earn Sh339.8bn in 30 years
On the government side, KeNHA is identified as the contracting authority and is expected to hand over the right of way, coordinate utility relocations, and ensure environmental and social safeguards are completed before financial close.
The winning contractor for the Mau Summit Highway expects to earn an operating profit of about $2.63 billion (Sh339.8 billion) over the 30-year concession by charging motorists a minimum toll of Sh8 per kilometre to use the upgraded corridor.
A project summary shows the consortium of China Road and Bridge Corporation (CRBC) and National Social Security Fund (NSSF) projects total revenues of $4.88 billion (Sh630.3 billion) against total costs of $2.25 billion (Sh290.5 billion), yielding a project-level surplus before financing and tax of roughly Sh11.3 billion a year.
