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NMS eyes Sh5bn funding for underground parking plan
Wednesday July 07 2021
By COLLINS OMULO
Summary
The plan to convert Machakos Country Bus and Nairobi Law Courts parking area into underground lots has moved a step closer to reality with the Nairobi Metropolitan Services (NMS) receiving interest from international private investors.
The Major General Mohamed Badi-led administration said they are looking at investors to pump in at least Sh5 billion in the project in a public-private partnership.
Mr Badi said they have received interest from international companies in two European countries, one from Austria, who are interested in partnering in the project.