Ruto Signs National Infrastructure Fund Into Law
News Updated: 09 March 2026 12:21 EAT
President William Samoei Ruto signs the National Infrastructure Fund Bill into law
President William Ruto has assented to the National Infrastructure Fund Bill 2026, officially making it law days after the National Assembly approved it. The signing took place at State House, Nairobi, marking a key milestone in Kenya’s development agenda.
The new law establishes the National Infrastructure Fund (NIF), a dedicated financing mechanism aimed at supporting large-scale infrastructure projects across the country. Officials say it will enable Kenya to mobilise investments in critical sectors without relying solely on public debt.
The legislation was passed by lawmakers on March 5 after intense debate in the National Assembly. Following the approval, it was sent to the president for assent, the final step required under the Constitution for a Bill to become law.
The fund is expected to raise approximately Sh5 trillion over the next ten years. This capital will finance strategic projects in transport, energy, water, irrigation, digital connectivity, and other key areas driving national growth.
Infrastructure projects eligible under the law include highways, railway networks, airports, seaports, electricity generation and transmission, as well as agribusiness facilities. Government officials say the fund will provide a stable source of financing for long-term projects.
Revenue for the fund will be sourced from multiple streams, including proceeds from the privatisation of state-linked enterprises and government shareholdings. This approach is intended to reduce reliance on borrowing and ensure sustainable infrastructure financing.
Parliamentary leaders described the legislation as one of the most significant economic reforms in recent years, saying it strengthens the country’s capacity to deliver large-scale projects without overburdening public finances.
President Ruto emphasized infrastructure development as a pillar of his administration’s economic strategy. He said the new fund will accelerate delivery of key national projects, including transport corridors and energy networks.
Among the first flagship initiatives expected to benefit is the expansion of Jomo Kenyatta International Airport, which will be upgraded to enhance Kenya’s position as a regional aviation hub. The law now takes effect, signaling a new era in how Kenya finances and manages infrastructure development.
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FELIX MAKONA
FACT FINDER AND DATA DRIVEN JOURNALIST. DATA MINING AT IT'S BEST. GET FACTS RANGING FROM MATTERS DISABILITY AND INCLUSION, POLITICS, ECONOMY, SPORTS AND GENERAL NEWS AROUND THE WORLD