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Implement parastatal reforms report
The statement from State House made it clear that the responsibility of the super ICDC under Mr Ngumi will be to co-ordinate the operations of the network. FILE PHOTO | NMG
I am still scratching my head about the significance and implications of the recent presidential executive order whose centrepiece is the establishment of a new entity called the Kenya Transport and Logistics Network plus a new and powerful super agency created by expanding the existing Industrial Commercial Development Corporation (ICDC) and which will be headed by investment banker John Ngumi.
The network brings together the Kenya Ports Authority, the Kenya Railways Corporation, and the Kenya Pipeline Company. My initial reaction is that we are trying to replicate South Africa’s Transnet — the country’s giant rail, port and pipeline company.
