Treasury CS Henry Rotich allocated Sh10 billion to Lapsset in next financial year, signaling renewed efforts by state to implement the project. You’ll find there’s a port, there’s a railway, there are resort cities, there’ll be a refinery, pipeline, so all those elements cannot be done by one company. The government is targeting five companies for talks as it seeks partnerships for construction of the Sh2.5 trillion Lamu Port Southern Sudan-Ethiopia Transport project. “Now to convince the private sector that you are serious as a government, you must make the first move so we decided we shall do the first three berths,” Macharia said. “Lapsset is not just one project.

Source: The Star June 21, 2016 03:22 UTC