A recent article by CNN.com highlighted Kenya's ambitious plans to invest $50 billion in various megaprojects aimed at transforming the country's economy.
According to the article, these projects include the development of new transport, energy, and technology infrastructure, such as the Mombasa rail station, the Standard Gauge Railway, and the Lamu Port.
Key Projects ¶
- The Standard Gauge Railway, a $4 billion project connecting Nairobi and Mombasa, expected to be completed in 2017.
- The Lamu Port and Lamu-Southern Sudan-Ethiopia Transport Corridor (LAPSSET) project, a $23 billion initiative spanning three countries.
- Konza Tech City, a $15 billion technology hub located south of Nairobi, aimed at becoming a world-class hub of entrepreneurship.
- Geothermal energy projects, such as the Ol-Karia IV power plant, which will help Kenya become one of the world's leading producers of geothermal energy.
Other notable projects include the construction of new highways, resort cities, and airports, such as the Isiolo airport, which is receiving a new terminal building and runway.
The government hopes that these projects will help achieve the goals outlined in Kenya Vision 2030, which aims to deliver a newly industrialized, middle-income country providing a high quality of life to all its citizens by 2030.
