The project entails construction of 32 berths and a draft of 18 metres to accommodate larger ships of up to 200,000 tons. The expected Internal Rate of Return will be 23.4%. The first three berths are under construction through government funding with 48.75% of the dredging complete. The remaining 29 berths are available for private sector development trough PPP framework. The port will be linked to Ethiopia and south Sudan through a road network and a standard gauge Railway line via Garissa, Isiolo, Marala, lodwar, and Lokichogio.

Transport

Building and Construction

Public Private Partnership

5300000000

USD

Feasibility study

N/A

Lamu