Nairobi — The government has introduced the National Infrastructure Fund Bill, 2025, a proposed law that could change how the country builds and pays for roads, power projects, housing, transport, and other major infrastructure.

National Assembly Majority Leader and sponsor of the Bill Kimani Ichung'wah says the Bill "will unlock funding for development and fix long-standing infrastructure problems."

The Bill proposes the creation of a National Infrastructure Fund with wide powers to raise money, invest in projects, and manage major national assets.

The Fund will be able to mobilise funds from government sources, loans, grants, and private investors .

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This means huge sums of money could be controlled by a single institution, making it one of the most powerful financial tools in the country.

Parliament plays a key role in passing the Bill, but once the Fund is created, lawmakers may have little say in how specific projects are chosen or funded.

"The Bill allows the Fund's management to make major investment and partnership decisions without returning to Parliament for approval each time," Ichung'wah said.

One major feature of the Bill is its support for partnerships with private companies.

The Fund is allowed to work with private investors through concessions, joint ventures, and other arrangements to build and manage infrastructure projects .

The Bill also includes reporting and auditing requirements.

If managed well, according to Ichung'wah, the Fund could drive growth and create jobs. If misused, it could deepen inequality, increase living costs, and weaken public trust.