KPA To Construct A Container Terminal At The Mombasa Port

 The Kenya ports Authority (KPA) is securing US$ 339.2m loan from the Japanese government to finance phase two of the container terminal project. Construction work at the port is set to start in January 2018.

 
Catherine Mturi-Wairi, KPA Managing Director, said that the development tendering for the project is set to kick off soon. September 2017 is the date for the construction completion of phases I handling the capacity of 550,000 TEUs.
 
The project was confirmed after KPA announced that it had secured two state-of-the-art electric cranes to help boost efficiency at the Mombasa port. The cranes will also help mitigate negative effects on the environment.
 
The Cranes are being funded by the TradeMark East Africa (TMEA) through the UK government’s International Climate Fund (ICF) facility. However, the crane's procurement cost is US $8.7m.
 
Latest data from Kenya Ports Authority(KPA) shows that Mombasa port cargo traffic registered an 11.9 percent growth in the first six months of 2017. This attribution is to the construction of the second container terminal.
 
In the wake of heightened competition from neighboring Tanzania, Mombasa port has been striving to boost efficiency at the port to give it a competitive edge.
 
In 2015, Tanzania was planning construction of a mega port in Bagamoyo that would be the largest in East and Central Africa. It however temporarily halted plans reportedly due to financial constraints.
 
The biggest port in East Africa and the region’s trade gateway. Mombasa handles imports of consumer goods and fuel. Mombasa also exports of coffee and tea from landlocked neighbors such as South Sudan and Uganda. Besides, the traffic flows serve as a barometer of economic activity in the region.
 

Posted on : 16 Oct,2017

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