Kenya's Multi-billion dollar Port Project Kicks Off

The construction of Lamu Port in Kenya has been officially launched by Kenya's President Mwai Kibaki, South Sudan's President Salva Kiir and Ethiopia's Prime Minister Salva Kiir. The Port is expected to act as the main gateway to Africa's Great Lakes region that includes the Horn of Africa, eastern Africa and central Africa.

The inauguration of the port project also marked the launch of the Lamu Port-South Sudan-Ethiopia Transport Project (Lapsset). This project will see the creation of a superhighway that will link Kenya and Ethiopia.

In addition, Kenya and Sudan signed a memorandum of understanding that will see the creation of an oil pipeline from Juba in South Sudan to Lamu.

Speaking at the launch, Kenya's Prime Minister Raila Odinga laid out the project's vision.

"Lapsset is a multi-billion dollar project that includes railways, road networks, airports, pipelines and refineries as well as tourist resorts," he said. "All of these are commercially viable and perfectly suited for private investments."

Lifted from Capital FM