President William Ruto has revealed plans to establish a National Infrastructure Fund to mobilize long-term capital for mega-projects to propel Kenya to the level of the developed economies.
Speaking on Monday during the commissioning of Phase One Horizontal Infrastructure at Konza Technopolis in Makueni County, President Ruto said the fund will enable the government to make massive investments in energy, water, transport, and industrial infrastructure.
He explained that the proposed fund will pool resources from the national budget, private sector, and proceeds from privatization, creating a robust and innovative financial mechanism similar to those used by developed countries.
“Putting together resources from our budget, building resources from the private sector, and resources from privatisation, we will create a big pool of resources that we can use in an innovative manner just as other countries have done,” said the President.
According to President Ruto, Kenya will require over KSh1 trillion in the next seven years to expand its power generation capacity by an additional 10,000 megawatts – up from the current 2,300MW – to sustain industrial growth and power the nation’s manufacturing ambitions.
He added that the government also plans to invest KSh1.5 trillion in the construction of 50 mega dams across the country, aimed at securing food production and bringing more than two million acres of land under irrigation.
“We have stabilised our food security, but that is not enough. We need to stop importing food, which is costing us KSh500 billion annually,” Ruto said.
The President noted that the National Infrastructure Fund will help Kenya transition to self-reliance by blending public and private financing to drive transformative projects, create jobs, and foster inclusive growth.
On road and transport infrastructure, Ruto revealed that the government will need another KSh1.5 trillion to build 1,000 kilometers of dual carriageways, 10,000 kilometers of tarmac roads, extend the Standard Gauge Railway (SGR) to neighboring countries, and modernize Jomo Kenyatta International Airport (JKIA), which he described as outdated.
The President emphasized that these bold investments are necessary for Kenya’s long-term prosperity, calling on citizens to support visionary reforms that position the country for industrial transformation.
“Kenya and South Korea had the same GDP when Kenya became independent in 1963. But today, South Korea’s GDP is 20 times bigger than Kenya’s,” he noted, urging Kenyans to embrace bold, transformative decisions.
The commissioning of Konza’s first phase attracted high-ranking officials, including Cabinet Secretaries William Kabogo (ICT) and Alice Wahome (Lands and Housing), Governors Mutula Kilonzo Jnr (Makueni), Joseph ole Lenku (Kajiado), and Wisley Rotich (Elgeyo Marakwet), as well as ICT Principal Secretary John Tanui.
The event also drew strong international representation, with South Korean Ambassador Kang Hyung-shik and Italian Deputy Ambassador Lorenza Maria Gambacorta in attendance – signaling Kenya’s growing partnerships in technology and infrastructure.
President Ruto thanked the United States, Italy, China, South Korea, and other development partners for supporting Kenya’s vision to transform Konza Technopolis into a world-class smart city and a leading innovation hub in Africa.
He reaffirmed his administration’s determination to fast-track infrastructure growth as the foundation for industrialization, job creation, and economic resilience.
Describing Konza Technopolis as an investor’s paradise, Ruto highlighted the city’s state-of-the-art infrastructure and sustainability features that make it Kenya’s most advanced urban center. The technopolis boasts a wastewater reclamation plant that recycles up to 90% of used water and an AI-driven operations center that monitors city systems in real time to ensure safety, efficiency, and environmental balance.
As Konza enters its next phase, Ruto announced a series of strategic projects to enhance the city’s connectivity and industrial strength. The government will dual the Machakos Junction–Emali section of the Mombasa Highway to improve access to the city and facilitate transport between Konza and key economic zones.
In addition, the government plans to expand water distribution through the Northern Collector Tunnel and Nolturesh pipeline, ensuring a reliable water supply for residents and industries. Konza will also be integrated with the SGR, connecting it directly to Mombasa Port, which will position it as a central logistics and technology hub in East Africa.
To strengthen the country’s innovation and health systems, Ruto revealed that a vaccine production facility will be established within Konza Technopolis. The facility will boost Kenya’s biomedical and pharmaceutical capacity, reduce reliance on imports, and enhance preparedness for future health challenges.
Reiterating his government’s full commitment to the Konza project, President Ruto pledged to continue mobilizing resources, attracting investors, and deepening partnerships to ensure the city reaches its full potential.
“We will continue to mobilise resources, attract investors, and strengthen partnerships to make Konza Africa’s smartest city and the beating heart of the Silicon Savannah,” he affirmed.
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