Parliament has approved a Sh27.3 billion loan from Japan International Cooperation Agency (JICA) for construction of the second phase of the new Mombasa Port container terminal. Kenya Ports Authority (KPA) Managing Director Catherine Mturi-Wairi Thursday said work on the project will begin in June next year. She spoke during the annual KPA stakeholders’ business forum at a Nairobi hotel. President Uhuru Kenyatta commissioned the first phase of the mega project two weeks ago and it is now operational. Ms Mturi-Wairi said the new terminal is capable of handling 6,000 Twenty Foot Equivalent Units (TEUs). “Upon completion of phase two, four ships of up to 100,000 tonnes will be able to be handled by the entire terminal instead of the maximum one ship of not more than 80,000 tonnes that can currently be accommodated at a time,” she explained. During the briefing, KPA also released the port’s half-year performance results that showed 13.406 million tonnes of cargo were handled in the first-half of this year, compared with 13.218 million tonnes handled during a similar period last year, representing a 1.4 per cent growth. Container traffic, however, registered a slight drop of 0.6 per cent with 527,523 TEUs being accommodated by the port, compared with 530,608 TEUs that were handled in a similar period last year. “The drop in container traffic is below the expectations of the global average growth rate of four per cent per annum,” said Ms Mturi-Wairi. The new MD expressed disappointment at the port’s inability to attract transshipment...
House okays Sh27b loan for new port container terminal
Posted on: September 16, 2016
Posted on: September 16, 2016