|Approval Date||24 Nov 2016|
|Signature Date||16 Mar 2017|
|Planned Completion Date||31 Dec 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||21040|
The LAPSSET Corridor Project is a Kenya Vision 2030 flagship project and is the first large, high impact infrastructure project initiated by the Government of Kenya without external assistance. This project is the single largest project of its nature in Eastern Africa, and LAPSSET will become Kenya’s second largest transport corridor once the project has been completed.
Among others, the project will entail the following: (i) A port at Manda Bay, Lamu; (ii) A standard gauge railway line to Juba in South Sudan and Addis Ababa in Ethiopia; (iii) Road network; (iv) Oil pipelines (Southern Sudan and Ethiopia); (v) An oil refinery at Bargoni, Kenya; (vi) Three airports; and (vii) Three resort cities. The planned investment resources are equivalent to half of Kenya’s GDP (core investment). In fact, conservative feasibility statistics show that the project will inject between 2% to 3% of GDP into the economy. The LAPSSET Corridor Project will make a tremendous contribution into Kenya’s economic growth, with projections ranging between 8% and 10% of GDP. The project components are spread over a large part of Kenya and will open up the northern parts of the country, and relieve strain on the Mombasa Port.
The population at large.
NEPAD Infrastructure Project Preparation Facility
LAPSSET CORRIDOR DEVELOPMENT AUTHORITY (LDCA)
|Last Update||20 May 2022|
|Name||CARVALHO DE MELO Epifanio|