Much Hyped Ngong-Naivasha Road Flyover Financed, Built By Spanish Gov’t
The Kenya Urban Roads Authority (KURA) has revealed that the recently completed Ksh3.8 billion Ngong-Naivasha Road Flyover was funded by a government-to-government loan from Spain.
According to KURA Director General Silas Kinoti, the 820-metre project, which includes a 250-metre bridge, was financed with a soft loan at a low interest rate.
“This was done through a soft loan from the government of Spain, which we call government-to-government lending,” he stated.
“A very soft loan, I think we have an interest of almost zero point something per cent.”
According to Kinoti, the loan has a grace period of almost ten years and a repayment duration of approximately forty years.
Inside Kenya’s Sh3.9 Billion Ngong Road/Naivasha Road Flyover.
Full Video: https://t.co/2v2QMcjm13#TheChamwadaReport pic.twitter.com/67c5AAHO6K— Chams Media (@ChamsMedia) July 3, 2026
According to a previous KURA report, the project was funded by a concessional loan of Ksh3.58 billion (€25.3 million) from the Corporate Internationalisation agency (FIEM), a Spanish governmental agency intended to help Spanish businesses expand internationally.
During the commissioning of the flyover on June 29, President William Ruto credited the partnership between Kenya and Spain, thanking the Spanish government for its support in financing the project.
The flyover was also constructed by a Spanish Engineering, Procurement and Construction (EPC) firm, Centunion, which completed the project in 22.5 months, instead of the original 36-month timeline.
According to Project Manager Pablo Acosta, the project financing helped accelerate its completion, as it enabled the contractor to mobilise resources quickly, alongside support from KURA and the Kenyan government.
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“We were able to finish ahead of schedule because of the cash flow. We were able to finance the project and raise the money very fast,” he said.
Acosta said Centunion has operated in Kenya for the past decade, successfully completing six infrastructure projects in the country, including the T-Mall Flyover along Lang’ata Road.
The company has also undertaken bridge and road projects in other African countries, including Côte d’Ivoire and Angola, as well as major infrastructure developments across Asia, which is its biggest market.
Kinoti said one of the reasons for fast-tracking the project was to ensure the road infrastructure is complete before the 2027 Africa Cup of Nations (AFCON), with the nearby Talanta Stadium expected to host.
He noted that completing the flyover ahead of schedule would prevent major construction works from disrupting traffic during the continental tournament.
Much Hyped Ngong-Naivasha Road Flyover Financed, Built By Spanish Gov’t
