Nairobi — President William Ruto has urged Members of Parliament to pass the National Infrastructure Fund Bill, saying it will unlock up to Sh5 trillion needed to accelerate national development, particularly in marginalised regions.
Ruto said the fund is critical to financing large-scale infrastructure projects and closing development gaps in parts of the country that have historically lagged behind.
"We must change our development model. We cannot continue doing the same things the same way and expect different results," the President said.
The proposed National Infrastructure Fund is expected to mobilise long-term capital to support roads, energy, water and other strategic projects aimed at boosting economic growth and regional equity.