Overview:
- Lamu Port.
- The project will include the development and financing of a port, road, rail, 800MW combined cycle gas power station and LNG import terminal.
- The project is being developed by Aeolous Kenya.
- The port will have 32 deep sea berths, with the first three to be financed by the government and the remaining 29 by private investors.
- The first berth is set to be completed by 2018.
- The overall project is expected to cost $5 billion
- The project is part of the wider Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor.
- The port will compete for its position as East Africa's primary logistics hub with Tanzania's Bagamoyo Port which is also under development.
Anna Kozakova - Journalist