LAPSSET Project is the first game changer infrastructure project that the Kenyan Government has initiated and prepared under Vision 2030 Strategy Framework. It has also gained international recognition from business leaders, innovators, Governments, Civil Society Leaders, the Academia and Professionals in law, Health as well as Oil and Gas Sectors. In addition, the transport Authority is set to organize a national workshop for universities in Kenya, which will lead to the formation of a research panel tasked to examine research proposals for the LAPSSET Corridor Project.
To ensure that the project is successfully completed, Kenya and United States of America (USA) have signed an agreement covering projects related to development of strategic infrastructure projects. The treaty will lead to the development of a transport corridor connecting a new port at Lamu, to Ethiopia and Southern Sudan. This deal was announced in the recently concluded Global Entrepreneurship Summit 2015, which might see the China Communications Corporations chased away with US invasion.
Key projects like construction of railway lines, a pipeline, roads and an airport to connect Kenya to South Sudan and Ethiopia require a substantial amount of funds with a budget estimate of KES2 trillion in construction costs. Resort cities are also expected to come up in Isiolo, Lamu and Lokichogio to open up northern Kenya. The 200m-wide LAPSSET corridor will link Lamu on Kenya’s Coast to Juba, South Sudan, 1,700km away, and is expected to generate at least three per cent of Kenya’s Gross Domestic Product. Kenya expects to have a power station of 240MW that will supply power to Lamu port.