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At the time of this plan, Mombasa was becoming increasingly strained as business volumes and demand rose. The project was however halted for close to 30 years due to various factors including among them exorbitant projected costs.
In 2012, Kenya’s then-President Mwai Kibaki hosted Ethiopia’s then Prime Minister and a South Sudanese delegation when the port’s foundation stone was laid. The three countries agreed to fund the project from their respective national budgets. Each country would finance their part till the completion of what was now known as the Lamu Port South Sudan-Ethiopia Transport (LAPSSET) corridor.
The Lamu Port is strategically located at the convergence of major shipping routes, saying its operationalization will open up northern Kenya to international trade, thereby fortifying the country’s position as a top economic gateway to Africa.
With one of the deep-water harbours on the east coast of Africa, Lamu Port has the potential to become a premier transhipment hub for all cargo destined for the continent. Furthermore, Lamu now joins Mombasa Port as a key entry and exit point of cargo, deep into and out of Africa’s hinterland.
