#Latest news with #ChinaRoadandBridgeCorp.Bloomberg27-05-2025BusinessBloombergChina, $3.7 Billion Pension Fund Seek to Build Key Kenyan RoadChina Road and Bridge Corp. and Kenya's biggest pension fund jointly bid to build a 175-kilometer (109-mile) part of a highway linking the East African nation's capital to neighboring Uganda. The National Social Security Fund, which manages 477 billion shillings ($3.7 billion), will join China Road for the project to construct the road from Nairobi to Mau Summit. The government also received a privately initiated proposal for the project from Shandong Hi Speed Road & Bridge International Engineering Co., according to a notice in the state-run MyGov newspaper.
Bloomberg27-05-2025BusinessBloombergChina, $3.7 Billion Pension Fund Seek to Build Key Kenyan RoadChina Road and Bridge Corp. and Kenya's biggest pension fund jointly bid to build a 175-kilometer (109-mile) part of a highway linking the East African nation's capital to neighboring Uganda. The National Social Security Fund, which manages 477 billion shillings ($3.7 billion), will join China Road for the project to construct the road from Nairobi to Mau Summit. The government also received a privately initiated proposal for the project from Shandong Hi Speed Road & Bridge International Engineering Co., according to a notice in the state-run MyGov newspaper.