The project is fully-funded by the Kenyan government to the tune of Sh10 billion.
The project, with lighting and a footbridge at the KWS gate, will conclude in 15 months.
Banks are cutting back lending to builders amid fears that they may default on their loans.
The fund has a Sh18 billion annual kitty for investments in Africa.
Thomas & Piron Grands Lacs seeks to enter the Kenyan market as a developer and a contractor.
The shilling has lost 28pc of its value since January, battered by double-digit inflation.
The regional road project is expected to help ease transport crisis in East Africa.
The rising costs have been associated with the high global oil and steel prices.
Foton's Nairobi plant will have annual production capacity of 10,000 vehicles.
Elsek is betting on prefabricated technology to supply low cost housing units.