Audio By VocalizeThe Jomo Kenyatta International Airport (JKIA) expansion plan will be funded through a debt-equity arrangement, as the government yesterday announced its intention to break ground in June this year. The 70-30 formula will see the government utilise the newly established National Infrastructure Fund (NIF) to attract other investors such as pension funds. However, the Adani proposal that was withdrawn estimated the JKIA expansion at Sh206 billion. This is why the government intends to invest in the project—preferably 60 per cent of the 30 per cent—to encourage private sector participation. While the plan is to ensure JKIA offers services comparable to other international airports, the government is cautious not to make these amenities too expensive for passengers.
Source: Standard Digital March 10, 2026 18:38 UTC