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Kenya: Lapsset Courts Foreign Investors to Realize Potential of Lamu Port

Lamu — The LAPSSET Corridor Development Authority (LCDA) aims to seek foreign investment for Lamu Port to enhance its viability as a potential transshipment hub in the region.

Speaking to the media on Wednesday during a visit to Lamu Port in Kililana Port, LAPSSET Managing Director Stephen Ikua reiterated that the Lamu Port project is still on course to be the transshipment hub in the region following renewed interest from foreign investors considering logistics activities in the East. and central Africa.

The LAPPSET team has also embarked on a charm offensive with foreign investors, with expertise in logistical handling and maritime operations of ports around the world.

During the visit, the LCDA and the Kenya Ports Authority hosted a delegation from Mwani Qatar, a Qatari port management company that manages Hamad, Doha and Al Ruwais Port in the Gulf country, in the aim of attracting investors with expertise in logistics and port management.

Mwani Qatar delegation visits Lamu port facility as part of discussion on ways to enhance ports and maritime transport cooperation

Ikua dispelled doubts that the Lamu Port project had slowed down in garnering considerable transshipment business, saying the Lamu Port project managers, the Kenya Ports Authority, had already bid for 2.6 billion shillings for the purchase of massive handling equipment that would improve cargo operations within the 3 berth port.

Sentiments echoed by KPA General Manager in charge of Lamu Port, Vincent Sidai Esyepet, revealed that the equipment includes procurement of three mobile cranes, three ship-to-shore gantry cranes, three rubber-tyred gantry cranes and four terminal tractors.

Speaking on the sidelines, Lamu County CEC in charge of agriculture, Fahima Araphat, called on LCDA and the national government to step up their efforts to find private partners who can help realize the potential of the Lamu Port project. Lamu and, by extension, LAPSSET.

She said it is only through public-private partnerships (PPPs) that jobs and indirect investment opportunities can be created.