Deloitte Consulting Limited has been selected as lead transaction advisor for the development, operation and maintenance of the second Nyali Bridge through a Public-Private Partnership, indicative of Kenya’s appetite for big money infrastructure projects, CNBC Africa sat down with Deloitte’s lead engagement partner, Dr. Mark Smith, and asked him what was the driving force behind the attractiveness of such projects to investors.
Bonney Tunya interviews Deloitte’s lead engagement partner, Dr. Mark Smith
The first Nyali Bridge was built around 35 years ago. At that time, the population of Mombasa was about 200,000 people. First forward to 2015 and now the city is home to over a million people and in the next 10 years it’s going to be double that.
As one can imagine, the traffic congestion the population increase has brought and will continue to do so in the future is immense. Thus now is the perfect time to build the bridge, not to mention the economic growth associated with its construction.
