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
- Preparation for the master planning of the Lamu Resort city and Metropolis underway.
“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