Transport

Railway

GENDER SENSITIVITY

URBAN-RURAL CONNECTIVITY

CLIMATE SENSITIVITY

PIDA PROGRAMME:

25 - Lamu Gateway Development

LATEST ACTUAL STAGE:

S3A: Project Structuring (2022)

PROJECT LOCATION

Kenya

PROJECT INSTITUTION:

LAPSSET Corridor Development Authority (LCDA)

BENEFICARY COUNTRIES

Burundi

Ethiopia

Kenya

Rwanda

South Sudan

Uganda

PROJECT DIMENSIONS:

STARTING_DATE:

COMPLETION_DATE:

PREPARATION COST:

5.10 million USD

CAPEX COST:

0.00 million USD

PROJECT STAGE:

S3A: Project Structuring

PROJECT FEATURED IN:

Master Plan for Regional Port Capacity and Regional Rail Linkages (including Lamu Port) (Phase 1)

The Lamu port project comes under the Lamu Port and Southern Sudan-Ethiopia Transport (LAPSSET) Corridor's infrastructure projects which include railway lines. The project is located in Manda Bay and to the North end of the Kenyan coast, bordering with Somalia. The project specifically focuses on the development of a master plan for Phase 1 of the regional port capacity and regional rail linkages.

DESCRIPTION

The project scope will cover construction of the first nine deep sea berths at the Lamu Port in Manda Bay to contain Crude Oil and Coal Terminals, General Cargo and Bulk Cargo Terminals.

This may involve some of all of the following activities, i.e. dredging and reclamation; construction of berths and yards; construction of revetment, causeway and road; construction of buildings and utilities; procurement of equipment and tug boats; etc.

OBJECTIVES AND RATIONALE

PROJECT RISKS

PROJECT ECONOMICS

NET PRESENT VALUE: 0.00
COST BENEFIT RATIO: 0.00
FINANCIAL INTERNAL RATE OF RETURN (FIRR): 0.00
ECONOMIC INTERNAL RATE OF RETURN (EIRR): 0.00
COMMENTS ON ECONOMICS: Information published by Lamu Port and Southern Sudan-Ethiopia Transport (LAPSSET) from an economic evaluation carried out, indicates that the EIRR for the Long-term Lamu Port Development Plan is assessed to be 23.4%. The cargo-wise EIRRs are 28.5%, 24.5% and 17.1% for general cargo, container cargo and bulk cargo, respectively. All of these figures indicate that the Lamu Port Project is viable economically in consideration of the opportunity cost of 12% p.a.

PROJECT FINANCING

	PREPARATION	CAPEX
COST:	5.10	0.00
COST SECURED:	0.00	0.00
FINANCING TYPE:
FINANCIERS:

OPERATION AND MAINTENANCE

OVERALL COST: 0.00

ANNUAL COST: 0.00

COMMENTS ON FINANCE:

The LAPSSET Corridor Development Authority has estimated that costs for construction of LAPSSET Corridor Railway and procurement of rolling stocks are approximately USD 7,100 million in total.

STUDIES

PROJECT STAKEHOLDERS

Regional Coordinator

East African Community

Lead National Agency