61410

             The Republic of Kenya: Kenya Transport Sector Support Project

                               SUMMARY OF DISCUSSION*

                              Meeting of the Executive Directors

                                        April 21, 2011



     The Executive Directors approved financing for the Kenya Transport Sector Support Project
for the Republic of Kenya in the amount of US$ 300 million on the payment terms and
conditions set out in the President’s Memorandum (IDA/R2011-0107).

        Directors expressed support for the objectives of the project. They highlighted the
importance of regional integration, hence, stressed the critical need to improve road
transportation on the key road corridors in east Africa. These include the northern road corridor
(which connects Mombasa with the east African hinterland) and the Tanzania-Kenya-Sudan
corridor, whose importance will grow after southern Sudan achieves its independence. Directors
also welcomed the project’s focus on deepening ongoing policy and institutional reforms in the
transport sector, enhancing the capacity of oversight and regulatory institutions, and most
importantly on continuing efforts to improve governance, transparency and accountability in the
sector.




*This summary is not an approved record.