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The United Kingdom is backing the construction of internationally agreed port infrastructure at the Mombasa Port in the far east of Kenya.
The port is being improved to meet the fast demand for port clearances by East Africa Community member countries that are landlocked and depend on Kenya’s biggest port for imports and exports business.
Mombasa port serves more than 200 million people in EAC including Uganda, Rwanda and Tanzania.
UK’s will construct bigger viable roads and expand docking points for ships to increase the efficiency of the port’s carrier activities which is an engine for the regional social-economic bloc.
UK through the Trademark East Africa will not leave out the for the Dar-es-Salaam port modernization which is a trade outlet for the whole inner South Central markets and the EAC itself.
After the signing of the trade partnership with UK in 2009, international trade on the two main EAC ports has increased both in turn over and pace, the clearing days reducing from 15 days to 4 days today.
“ This has led to the reduction of freight and transport costs, increased competitiveness of goods exported by East African countries, and led to job creation,” TMA notes.
UK aid now supports TMA with £95m for next 4 years to increase Kenya’s trade by £1.3b and create 700,000 by 2020 new jobs and generate an additional $1.2b in revenues. If the trend goes as planned then Kenya will be home to British investors and thus delivering value for money for UK taxpayers.
Source: irwanda 24
Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TradeMark Africa.