Treasury allocates Sh9bn for building Lamu port corridor

Treasury building. FILE PHOTO | NMG

Treasury has allocated Sh8.85 billion for development of the Lamu Port corridor, envisaged to provide an alternative infrastructure passage to the Indian Ocean.

Budget estimates for the year starting July show the Lamu Port-South Sudan-Ethiopia (Lapsset) project, which is on course, has been allocated the amount in addition to the Sh2.5 billion it received in the current financial year.

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