Taxpayers face Sh158b penalty if State pulls out of PPP projects

Uhuru Highway:Nairobi Expressway construction. [David Gichuru, Standard]

Kenyan taxpayers could be forced to pay Sh158 billion to investors if the government opts out of some of the projects under Private-Public Partnerships (PPPs).    

This is according to a disclosure by the National Treasury detailing the financial risk arising from seven key infrastructure projects developed under the model and currently at various stages of completion.