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Ruto to Unveil Sh5 Trillion National Infrastructure Fund: “Journey To Singapore”

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NAIROBI, Kenya- President William Ruto has announced that Kenya’s journey to Singapore begins on December 15, as he prepares to unveil the National Infrastructure Fund (NIF)—a bold financing mechanism aimed at mobilising Sh5 trillion for transformative national projects.

Speaking during a church service in Kiambu County, the President said the fund is a generational strategy to drive economic transformation and modernise the country’s infrastructure.

“I am not joking. Kenya must change,” he said.

The NIF is part of a new fiscal architecture meant to reduce reliance on external borrowing and steep taxation while attracting private capital through innovative financing, including public‑private partnerships and the ring‑fencing of privatisation proceeds.

A Sovereign Wealth Fund will run alongside the NIF, financed by natural resource royalties and a portion of privatisation revenue, acting as a long‑term savings and investment vehicle for future generations.

The Sh5 trillion target reflects wide‑ranging ambitions across transport, energy, agriculture, education, water, and digital infrastructure—intended to fast‑track Kenya’s aspiration to transition into a first‑world economy, drawing inspiration from development models in Singapore, Japan, South Korea and Malaysia.

Central to the President’s agenda is a nationwide road expansion programme.

This includes the ongoing dualling of the Rironi–Nakuru–Mau Summit highway, a Sh170–200 billion project expected to ease congestion and boost regional trade, with completion targeted ahead of the 2027 polls.

Additional dual‑carriageway corridors slated for development include Machakos Junction–Mariakani, Mau Summit–Kisumu–Busia and Athi River–Namanga, among others.

In urban centres, Ruto has outlined plans to decongest major commuter routes.

A new expressway linking Thika to Museum Hill in Nairobi, modelled on the elevated JKIA–Westlands expressway, is set to begin in 2026—aimed at reducing daily traffic snarls for thousands of commuters.

Beyond roads, infrastructure pledges span energy and rural electrification, irrigation and water storage through proposed mega‑dam projects, and enhanced connectivity through thousands of kilometres of new tarmacked roads.

The government also continues to roll out last‑mile connectivity for electricity to underserved areas and other county‑level projects in housing, markets and health facilities.

As Ruto positions Kenya for ambitious growth ahead of the 2027 general elections, his government is banking on innovative financing tools like the NIF and a raft of multi‑billion‑shilling projects to deliver tangible development outcomes and bolster economic competitiveness.

Joseph Muraya
Joseph Muraya
With over a decade in journalism, Joseph Muraya, founder and CEO of Y News, is a respected Communications Consultant and Journalist, formerly with Capital News Kenya. He aims to revolutionize storytelling in Kenya and Africa.

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