Kenya in $25bn Mega Port Plan

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After experiencing long delays, Kenya is now set to start construction work on a new port as part of its Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor, in March, 2015 on its Northern Coast of Lamu.

The project is intended to include new roads, a railway and a pipeline completed by 2030 that will give landlocked South Sudan and Ethiopia access to the Indian Ocean.

The project has an anticipated cost of US$25.5 billion, according to the American Journal of Transportation.

The new port construction in Lamu is also intended to be an oil export terminal after commercial oil finds in Uganda and Kenya.

A consortium led by construction group China Communications Construction had won a $449 million contract to build the first three berths in the port in 2013.

Kenyan President Uhuru Kenyatta said: “The new port, which is part of the LAPSSET Corridor project, will provide an opportunity for the exploitation of the country’s maritime resources.”

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