KENYA: In this article we have sampled 12 $50Billion megaprojects being undertaken by the Kenyan Government and potential local and international investors.
1. Mombasa rail station – Kenya is already an infrastructure powerhouse of East Africa -- leading the region for investment. But the next few years may see a quantum leap forward, with tens of billions of dollars to be spent on some of the world's most spectacular transport, energy and technology projects -- such as the new Mombasa rail station.
Through a program entitled Kenya Vision 2030, the government hopes to deliver a "newly industrialized, middle-income country providing a high quality of life to all its citizens by 2030."
Whether this ambitious goal will actually be achieved remains to be seen. But the following ventures certainly bear the potential to transform the landscape.
2. Standard Gauge Railway – The Standard Gauge Railway (SGR) has been described as the most ambitious project in Kenya's independent history -- replacing the antiquated tracks left by the British regime.
Around $4 billion has been invested in 600 kilometers of raised track connecting the hub cities of Nairobi and Mombasa, but it is hoped the line will be a net contributor to the economy for years to come. The SGR should be open for business in 2017.
3. Voi Railway Station– The SGR project also includes the construction of state-of-the-art new passenger stations at Nairobi, Voi, and Mombasa.
4. Jomo Kenyatta International Airport – Jomo Kenyatta International -- Kenya's premier airport -- is to receive multiple upgrades.
A new greenfield terminal designed by architects Pascall + Watson will be the largest in Africa when it opens in 2017, serving 20 million passengers a year, at a cost of around $650 million.
A second runway will be inaugurated the same year.
5. Lamu Port – The multi-faceted Lamu Port and Lamu-Southern Sudan-Ethiopia Transport Corridor (LAPSSET) project is as big as the name suggests, with an outlay of $23 billion across three countries.
The city of Lamu at the southern end of the Corridor is a cornerstone of the project. It will be transformed into a trade hub through the construction of a new 32-berth port, which will be used to supply locations along the line.
6. LAPSSET Pipeline – One of the most lucrative commodities to travel the route will be crude oil, through a new pipeline that connects Kenya's oil fields in Turkana Basin with Ugandan and South Sudanese sites. A new refinery will also be constructed.
7. Highways – Highways are another key component of Lapsset, with hundreds of kilometers of pristine, new road laid to facilitate transport of goods and people.
The Isiolo -- Marsabit -- Moyale stretch (above) has been completed, connecting to Ethiopia, and facilitating travel to Kenya's safari parks.
8. Resort cities – The LAPSSET project will also see three resort cities constructed in Lamu, Isiolo and Lokichogio.
The new sites will be pitched at affluent visitors -- with luxury hotels, entertainment and wildlife reserves.
9.Konza Tech City – The much-hyped Konza Tech City - or "Silicon Savannah" - is hoped to be a world-class hub of entrepreneurship.
The $15 billion site, set in 5,000 acres to the south of Nairobi, will accommodate almost 200,000 people, complete with universities, research facilities, and IT centers.
10. Geothermal energy – Kenya has embraced geothermal energy in a big way, aiming to serve one-quarter of its energy needs through this source.
New ventures such as the Ol-Karia IV power plant (pictured) make it one of the world's leading producers, and investment is set to increase.
11. Isiolo airport – Apart from Jomo Kenyatta, several smaller airports are undergoing major upgrades.
The provincial Isiolo airport is receiving a new terminal building and a new runway, in anticipation of higher visitor numbers.
12. Two Rivers Mall – The largest mall in East Africa will open in Nairobi in March. The 62,000 square meter facility will include housing, hotels, office space and -- of course -- extravagant shopping.
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