Kenyatta family wealth to be affected by Uhuru’s latest order
According to Paris-based Indian Ocean Newsletter, Kenyatta is keen on Macharia prioritising the allocation of funds for the extension of the Nairobi Eastern Bypass.
The Eastern bypass borders the Kenyatta family-owned ranch where they are currently building a Sh500 billion Northlands City.
The dualling of the road is expected to increase the strategic value of the ranch which sits on a whopping 11,800 acres.
Macharia had in January stated that his ministry was in the process of seeking funds that will allow full dualling of both the Eastern and the Northern bypass.
The government has already entered into a commercial agreement with Sinohydro for the dualling of the Northern Bypass which stretches from Ruaka trading centre along Limuru Road to Ruiru.
“We are looking forward to getting funds from prospective financiers. We hope the project together with the Eastern Bypass construction will cost between Sh30 billion and Sh40 billion. This should be sorted out in the next three months after which construction works will start in the next four months,” Macharia stated.
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