The new Lamu Port in Kenya has announced that the first of its 22 berths has been finished.
According to the South Sudan and Ethiopia Transport Corridor Development Authority, this will be followed by the completion of the second and third berths, whose development is funded by the Government of Kenya by December 2020.
Once it is operational, the approximately $19 billion Lamu Port will become the biggest deep-sea port in East Africa and a vital part of the proposed Lamu Port and Lamu-Southern Sudan-Ethiopia Transport Corridor (LAPSSET).
It is envisaged that Lamu Port will have a total of 32 berths, each having a 400m Key Length and a 17.5-18m depth.
The project is designed to boost regional trade by opening up the northern part of the country and connect it to the crucial Europe-Asia shipping lanes. This will help increase intra-continental trade and create new economic opportunities in agriculture, manufacturing, logistics and transport.
It is hoped that cargo which previously passed through Sudan, Djibouti or Mombasa will be transported through Lamu which could attract larger cargo ships and reduce marine costs by turning vessels around faster.
By the end of the next decade, initial forecasts suggest that cargo traffic along LAPSSET from South Sudan and Ethiopia will reach 23.9 million tonnes.
The new port is a fundamental component of Kenya’s Vision 2030, and expected to contribute at least 1.5% of Kenya’s gross domestic product (GDP) as a fundamental component of Kenya’s Vision 2030.
Kenya Vision 2030 Strategy which is the national long-term development policy that aims to transform Kenya into a newly industrializing, middle-income country providing a high quality of life to all its citizens by 2030 in a clean and secure environment.