BUSINESS

Nairobi Expressway Revenue Hits Ksh3.9B in Half Year

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The expressway is a 27-kilometre toll road running from the Jomo Kenyatta International Airport (JKIA) to Westlands, Nairobi. [Photo/ NMG]
The expressway is a 27-kilometre toll road running from the Jomo Kenyatta International Airport (JKIA) to Westlands, Nairobi. [Photo/ NMG]
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Nairobi Expressway generated about Ksh 3.9 billion in operating revenue for its Chinese operator during the first six months of 2026, translating to an average of more than Sh21 million collected daily from motorists using the toll road.

Financial disclosures by China Communications Construction Company (CCCC), the parent company of China Road and Bridge Corporation (CRBC), show that the Nairobi Expressway concession generated Sh3.9 billion in the six months to June 30, 2026.

This was an increase from Ksh 3.6 billion recorded during the corresponding period in 2025, representing growth of about 7.4 per cent.

The Nairobi Expressway is operated by Moja Expressway Company under a public-private partnership arrangement with the Kenya National Highways Authority.

Despite generating billions of shillings, the Nairobi Expressway remains a small part of CCCC’s global business. The Chinese infrastructure giant reported total group revenue of about Sh6.4 trillion during the first half of 2026, meaning the Nairobi road accounted for only about 0.061 per cent of the company’s total revenue.

CCCC operates in 139 countries and regions, with the Nairobi Expressway forming part of its international infrastructure and concession portfolio.

The company’s records show that revenue from the Nairobi concession has increased over the years. The road generated about Sh3.8 billion in 2023, before revenue rose to Sh6.1 billion in 2024 and Ksh 7.7 billion in 2025.

By June 2026, the accumulated investment in the project stood at about Ksh 89.3 billion.

The 27.1-kilometre Nairobi Expressway connects Mlolongo to James Gichuru Road and was developed under a 30-year public-private partnership arrangement.

Moja Expressway is responsible for financing, operating and maintaining the road before eventually transferring it back to the government. The PPP Directorate estimates the project value at Sh86.8 billion.

Growing traffic has played a major role in increasing revenue from the road. Official PPP data has shown a steady rise in the number of motorists using the expressway since it began operations in 2022.

However, the revenue generated by the road does not represent profit.

Treasury data previously showed that the operator recorded a Ksh 1.84 billion loss in the six months to December 2024 after collecting Ksh 7.16 billion in toll charges against expenses of about Ksh 9 billion, including debt servicing, operations and maintenance costs.

The latest figures from CCCC provide an indication of the continued growth in revenue from the Nairobi Expressway, although the company’s interim report does not provide a separate breakdown of the road’s operating costs or net profit for the first half of 2026.

The Nairobi Expressway was built under a build-operate-transfer model, allowing the private operator to recover its investment through toll collections during the concession period before handing the road back to the State.

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