The Treasury has revived plans to lease Kenya’s port assets to private investors, marking a change of tune by the Kenya Kwanza administration that previously objected to a similar proposal to offer the facilities to Dubai-based DP World.
The Exchequer has backed a proposal by the Kenya Ports Authority (KPA) to lease some of its assets, including the Lamu Port Container Terminal, four berths at the Mombasa Port and four berths at the Mombasa Port Container Terminal 1.
