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Mombasa, here's japanese loan for bridge

Government said 82,7 billions are coming

21-09-2019 by redazione

Another bridge built with the help of the Japanese, after that of Kilifi built on the creek in 1991.
The Kenyan government has given the go-ahead for the total loan of 82.7 billion shillings from Tokyo for the construction of the bridge that will connect the island of Mombasa with the town of Likoni and the entire southern coast that leads to Tanzania, plus a series of other works in the area of the port of Mombasa and for the road link of Dongo Kundu. The loan will have an interest rate of 0.1 if paid in 28 years, whereas it will be zero if paid within 12 years. 
"46.6 billion shillings will be used only for the construction of the Mombasa Gate Bridge on the Likoni canal in order to improve trade and tourism - explained the provisional Minister of Finance Ukur Yattani - The completion of the bridge on the canal will provide an alternative to the Likoni ferry, allowing the free movement of ships in need of access to the port of Likoni and will improve traffic to the south coast".
Construction of the bridge is scheduled to begin in 2021 and is expected to last four years. To date, Likoni's ferries carry about 300,000 

TAGS: ponte mombasalikoni kenyainfrastrutture kenyagiappone kenyaprestiti kenya

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