Chinese company close to Sh250 billion Lamu Port special economic zone deal

Construction of a berth at Lamu port. FILE PHOTO | NMG

A Chinese firm is angling for the proposed Sh250 billion Lamu Special Economic Zone (SEZ) project that could cement the Asian nation’s dominance on Kenya’s infrastructure deals.

Three principal secretaries hold the key to a decision on whether or not the proposed multibillion-shilling project will be handed to the Chinese firm, the Treasury has said.

PAYE Tax Calculator

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