The Nairobi-Nakuru-Mau Summit Highway PPP (the “NNM Project” or “the Project”) is one of the first road projects to be developed under a PPP framework in Kenya. It is a brownfield expansion and upgrade of an inter-urban highway system that has been tendered pursuant to a 30-year design, build, finance, operate, maintain and transfer contract with the Kenya National Highway Administration (“KeNHA”). The Project involves:

1. The dualling, into a four-lane dual carriageway of a portion of A8 Highway between Rironi and Mau Summit, including operation and maintenance; and
2. The strengthening of A8-South Highway between Rironi and Naivasha, including operation and maintenance.

The project company is Rift Valley Highway Limited (“RVHL” or “the Company”), which is a consortium led by Vinci Highways, a leading concessions firm in the world, and Meridiam, a global investor and asset manager, both headquartered in Paris, France.

Through this Early Disclosure, IFC provides access, early in its environmental and social assessment process, to the draft Environmental and Social Impact Assessment (ESIA) documents. These documents have been prepared by RVHL and should not be taken as an indication that IFC has completed its review of the potential investment. The purpose of this Early Disclosure is to enhance the transparency of IFC’s activities with reference to those projects or investments with potential significant adverse environmental and social risks and/or impacts. It also provides an opportunity for stakeholders to give early feedback on the identified risks and/or impacts and proposed mitigants.  Any project documentation or data included or attached herein has been prepared and authorized for public release by RVHL.

The disclosure of the ESIA documents should not be construed as presuming the outcome of IFC’s review of the potential investment or the decision of its Board of Directors. An updated version of these documents reviewed by IFC may be disclosed at a later stage. In addition, prior to any consideration of the investment by IFC’s Board of Directors, the Summary of Investment Information (SII) and the Environmental and Social Review Summary (ESRS) would be disclosed.