President William Ruto’s administration will lease the operations and management of five critical ports through an ambitious Sh1.4 trillion public private partnership (PPP) aimed at revitalising the country’s maritime industry.
In what appears to be a change of heart on a proposal by the previous administration to hand ports to private investors, the Kenya Development Corporation (KDC), a development finance institution, has disclosed the Kenya Kwanza administration is scouting for private players to run sections of Kilindini Harbour, Dongo Kundu Port, Lamu Port, Kisumu Port and Shimoni Fisheries Port in what is aimed at making the northern corridor competitive.
