Inside new plan to put Sh32bn port terminal in private hands

The new container terminal at the Port of Mombasa. PHOTO | KEVIN ODIT | NMG

The Kenya Ports Authority (KPA) has settled on a Swiss firm to run Mombasa port Container Terminal 2 (CT2) to fulfill a loan facility requirement for the construction of the largest cargo handling facility.

The Mediterranean Shipping Company (MSC), the second global largest shipping line after Maersk, is set to play a critical role in the running of the Sh32 billion CT2 through the Kenya National Shipping Line (KNSL).

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.