Resort CitiesLamu, Isiolo and Lake Turkana
3 Resort Cities: one each at Lamu, Isiolo and Lake Turkana
Cost Estimate
- Lamu Resort City – US$ 970 Million
- Isiolo Resort City – US$ 200 Million
- Lake Turkana Resort City – US$ 42 Million
Economic Evaluation
- Resort cities at Lamu, Isiolo and Lake Turkana have EIRR of 17.1%, 12.8% and 20.8 %, respectively.
Financing Plan
- The Resort Cities would be build by private investors once Government has put in place sufficient infrastructure to facilitate growth.
Current Status
Currently, Resort Cities are at planning stages as follows:
- Integrated Master Planning and Investment Framework for the Lamu Port City encompassing Lamu Port, SEZ, Resort city, International Airport, Rail & Pipelines is complete and approved.
- Integrated Transport Infrastructure Master Plan ongoing approved;
- Development of critical infrastructure of Lamu Port, Lamu – Garsen road, Lamu – Garissa – Isiolo road are at different stages.
- Construction of Isiolo International Airport and Manda Airport completed to facilitate access.
- Provision of infrastructural services such as water and electricity are ongoing.
“TICAD VI is a great opportunity for the country and Africa at large. Japan is a long-standing partner with Kenya in development projects which include port and roads. Hopefully now this can also go to LAPSSET.”
Irungu Nyakera
Former Principal Secretary, Ministry of Transport, Infrastructure, Housing & Urban Development