The National Treasury is seeking to raise Ksh48 billion for development projects at the Mombasa Port to address capacity challenges. Cabinet Secretary Mr Henry Rotich, in partnership with Trade Mark East Africa (TMEA), appealed for funding when he hosted several international donors at Swahili Beach Hotel, Diani, who pledged their support. The key projects include the dredging and expansion of berths 1 to 14, relocation of the Kipevu oil terminal, development of the G-section area that will be used for project cargo and storage of motor vehicles and deepening the berths to allow handling of high-capacity vessels.
Donors represented at the conference included Japan International Co-operation Agency (JICA), Development Bank of South Africa, African Development Bank (ADB), Department for International Development (DFID), The World Bank, The EU Delegation to Kenya and United States Agency for International Development (USAid).
Mr Rotich signed a Ksh10 billion agreement with ADB for the construction of a 10-kilometre stretch between Miritini and Jomvu. TMEA Director General David Stanton said his organization was committed to spearheading the projects.
Britain’s DFID and TMEA also signed a Ksh3.5 billion grant agreement for modernization works at the port. This additional funding now brings total DFID funding to the port to Ksh10 billion.
DFID deputy head Tony Gardner said the modernization work at the port of Mombasa will take into account environmental and social aspects, and benefits to stakeholders, including the population of Mombasa and the wider East African Community residents.