This milestone signifies a significant advancement in the utilisation of the Port of Lamu by partner states, in line with the Lamu Ports South Sudan Ethiopia Corridor Project.
The payment comes a few weeks after the Court of Appeal in Malindi directed that the parties involved conduct a verification exercise of the ineligible and genuine fishermen and boat owners.
The Ethiopian Government is keen on utilising the Port of Lamu due to the growing instability in the Red Sea region.
The Port of Lamu and Kisumu Port also witnessed substantial growth, indicating a broader regional expansion.
The UK High Commissioner to Kenya Neil Wigan, on a familiarisation tour of the Port of Lamu this week, emphasized the importance of understanding both the opportunities and challenges surrounding infrastructure development in Lamu County.
Formed to address challenges encountered in the LAPSSET project implementation, the committee aims to collaboratively devise solutions for its efficient and timely completion.
KPA Managing Director, William Ruto last week told an investors' conference that he was confident that “concession of port assets will attract private sector investment.”