Ksh 42 Billion Contract Signed For First Three Lamu Berths

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LAMU Port Secures a contractor.

1st August 2014 marked an important day in the history of our development agenda. Deputy President William Ruto and the President Uhuru Kenyatta were joined by Lamu leaders to witness the signing of the Contracts between Kenya Ports Authority and China Communication Construction Company for the construction of the first three Berths of Lamu Port. The signing comes a day after the Presidents Uhuru Kenyatta, Yoweri Museveni (Uganda) and Salva Kiir (South Sudan) alongside Ethiopia’s Prime Minister Hailemariam Desalgne met at State House, Nairobi, to explore joint financing options for the LAPSSET Project.

 

The construction of the first 3 berths will present a strong case and trigger for participation of the private sector in construction of the remaining 29 berths and other components of the corridor. The commencement of the construction of the berths is set for September. This is a major milestone in delivering the LAPSSET Corridor Program as well as achieving Kenya’s Vision 2030. It is a significant event that will have tremendous impact on the course of Kenya’s development. In addition, it will make Kenya country the most attractive transport and logistics hub in the region. The commencement of this project reinforces the government’s resolve to make infrastructure a key facilitator of Kenya’s social and economic development. President Uhuru Kenyatta said that the Government has set aside Kshs 4.45 billion to compensate affected land owners once the construction begins.

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