Kenya and Tanzania Prioritize Port Development in 2021-22 Budgets

Authorities in Kenya and Tanzania have put modernization of ports at the top of the list of priority infrastructure projects, allocating massive resources for port development in the 2021-22 budgets.

In Kenya, National Treasury Cabinet Secretary Ukur Yatani unveiled the country’s $33.3 billion financial estimate, out of which he allocated $69 million for the Mombasa port development project. The project involves the construction of a second container terminal at the Mombasa port in order to...

https://www.maritime-executive.com/article/kenya-and-tanzania-prioritize-port-development-in-2021-22-budgets

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