Hi, what are you looking for?
Elon Musk takes control of Twitter, fires executives
Huawei targets Kenya’s remote rural areas with new tech solution
Uber, Bolt drivers stage demos in push for 18pc fare commission cap
iPhone users to access Safaricom’s 5G network by December
Safaricom rolls out commercial 5G networks in 5 Counties
Digital Transformation Awards to be held in November
Meta to launch ‘metaverse academy’ in France
PE firm Ascent Capital buys majority in Valley Hospital in Nakuru
Mastercard, OPay announce strategic partnership to grow cashless ecosystem
Does the 12pc minimum wage have a discernible effect on employment?
Incoming Treasury CS to focus on sustainable reforms in reviving economy
Ruto orders war on tax cartels blamed for loss of 7bn excise stamps annually
Ceded Delmonte land a boost in attaining smart city
Residents Decry High Cost of Living, Predict Possible Famine
Kenyans above 18-years to be taxed
IFC Managing Director Makhtar Diop sits down with Sauti Sol
Seasoned Content Creators Jacky Vike And Jaymo Ule Msee Offer Great Advice To Newbies
Creativity in Marketing: What it Takes to Create Powerful Campaigns
Capital FM, EABL and MSK in partnership to launch marketing-driven podcasts
AgriTechs bet on Kenya’s mobile coverage to make farming more productive
Capital FM’s Digital Director David Muba and EABL’s Head of Media Futures Waithera Kabiru Discuss their Digital Careers
The Importance of the Role of Marketing in an Organisation as told by Graham Villiers-Tuthill
Growth, Love and Education in the Life of Funke Michaels
Head of Brand and Marketing Communications at Safaricom, Carolyne Kendi, Shares Her Atypical Marketing Journey
Manish Sardana on Entrepreneurship, Leadership and What it takes to be Successful in a Digital World.
Capital FM commemorates anniversary of Chris Kirubi’s death
Finding Opportunity in the midst of the pandemic: AskKirubi
COVID-19: Lessons Learned and Future Direction for Entrepreneurs
Kirubi set to acquire half of Centum Plc following nod by CMA
Kirubi warns investors against fake cryptocurrency platform using his name
MOMBASA, Kenya, Oct 23 – The Japanese International Cooperation Agency (JICA) has pledged to continue supporting the Kenya Ports Authority (KPA) in upgrading port infrastructure to accelerate growth of the East Africa regional economies.
JICA has been a close partner of KPA, having funded the construction of the Sh32 billion second container terminals at the Port of Mombasa.
The Mombasa Port’s second container terminal, which is set on 100 acres at Kilindini Harbour, is projected to ease congestion at the busy port.
The Port of Mombasa is the main gateway to the Eastern African region, serving a wide and rapidly growing hinterland consisting of Kenya, Uganda, Rwanda, Burundi, South Sudan, Northern Tanzania, Eastern Democratic Republic of Congo, Ethiopia and Somalia.
KPA acting Managing Director (MD) John Mwangemi says JICA has recently completed the construction of phase two of the terminal which has increased the port’s capacity by 450,000 twenty-foot equivalent units (TEUs) to the current 2.1 million TEUs.
Mwangemi says KPA will partner with JICA in its efforts to upgrade and refurbish maritime port infrastructure noting that port infrastructure is critical for connectivity and economic growth.
He says KPA is banking on infrastructure upgrades in a bid to make the premier port more useful for larger container ships and deal with the surge in traffic.
The KPA MD says the authority is keen on developing the existing port infrastructure in the country.
Mwangemi says JICA is also playing a key role in the planned development of the Dongo Kundu Special Economic Zones in Mombasa County.
The Sh39 billion Dongo Kundu Special Economic Zones is expected to make Mombasa a regional logistics and manufacturing hub.
The special economic zone sitting on a 3,000-acre parcel of land near the port of Mombasa will comprise an export-processing zone (EPZ), industrial parks, free trade zones, as well as other auxiliary services such as tourism, meeting, conferencing and exhibitions.
The KPA MD disclosed this when he received in his office Katsuo Matsumoto, Director General (DG) Infrastructure Engineering Department at JICA and Mari Kato Senior Representative of the JICA Kenya Office.
Mwangemi said KPA is already in the process of conducting a feasibility study for the development of phase three of the second container terminal at the Port of Mombasa.
Matsumoto said JICA and KPA have a long-standing friendship with the development of Phase one of Mombasa Port Development Project which was completed in February 2016 while phase two of the project was completed in May 2022.
“An increase in port capacity means increasing trade and thereby preparing Kenya for any financial shocks by positioning it at a competitive edge in the world which has become a global village,” he said.
Later Matsumoto, accompanied by the Kenya National Highways Authority (KeNHA) Director Development (dg) Eng. Charles Obuon and Deputy Director Special Projects Eng. Samuel Ogege visited several road project sites to monitor progress such as the Mombasa Port Area Road Development project (MPARD) which has three packages.
Package I of the project from Miritini to Kipevu was completed in May 2018.Package II of the project from Mwache to Mteza (Dongo Kundu) is on-going to be completed in March 2024 while package III from Mteza to Kibundani is at the final stages and will be completed in July 2023.
“The road projects are meant to provide infrastructure to transport cargo to and from the port of Mombasa quickly, efficiently and cost effectively and ensure efficient evacuation of goods to and from hinterland,” he said.
Obuon said once all the three packages of the MPARD are completed, the travel time and vehicle operating costs within the counties of Mombasa and Kwale will be reduced significantly and the move will catalyze industrial development.
Meanwhile the KPA MD disclosed that the port of Mombasa is projected to handle 35 million metric tons total cargo throughput in 2022.
He says a marginal increase has been recorded in the total cargo throughput, Container traffic, transshipment, and transit traffic.
Mwangemi says container traffic registered a 4.4 per cent increase to record 361,324 TEUs against 346,135 TEUs recorded last year.
He said last year, the port of Mombasa handled 34.55 million metric tons total throughput, recording a growth of 1.3 percent against 34.12 million metric tons in 2020.
“In container traffic, the port handled 1.43 million TEUs representing a robust growth of 5.6 percent over 2020 performance when 1.35 million TEUs were handled,” he said.
He at the same time disclosed that Democratic Republic of Congo is now the third largest market for the Port of Mombasa after Uganda and South Sudan with a market share of 8.2 percent.
With the formal admission of the DRC to the East Africa Community, more private and public organizations from the Central Africa country are setting up businesses in the country.
To cement their position, Lignes Maritimes Congolaises – DRC government owned shipping line began operations in Mombasa in June this year becoming the latest entrant to Mombasa.
NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight…
NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any…
NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead…
It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be…
NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March…
NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety…
NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of…
NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the…
© 2022 Capital Digital Media. Capital Group Limited. All Rights Reserved