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Port Finance and Regulation in Kenya

In: Regulation and Finance in the Port Industry

Author

Listed:
  • Michaël Dooms

    (Vrije Universiteit Brussel)

  • Denis Lewa Muganga

    (Northern Corridor Transit and Transport Coordination Authority (NCTTCA))

Abstract

This chapter discusses the case of the Kenyan port system from the angle of Port Finance and Regulation. Next to being Kenya’s major port, the Port of Mombasa is a key gateway for landlocked countries such as Uganda, Rwanda and Burundi. The region is characterized by an increasing degree of port competition with, e.g., the presence of the ports of Dar-Es-Salaam (Tanzania) and the port of Djibouti (Djibouti). Both Kenya and Tanzania have planned the construction of new mega-port complexes in a bid to become leading transshipment hubs not only for containers but also for other traffics such as petroleum products exported out of Uganda. The chapter presents a discussion on how these evolutions influence port finance and regulation in the region. First, Kenya’s port system and performance is analyzed from a historical perspective, after which we describe the main port regulation and finance instruments, using internal documents of the Kenya Ports Authority such as financial, business and master plans. A future outlook is provided as a conclusion.

Suggested Citation

  • Michaël Dooms & Denis Lewa Muganga, 2022. "Port Finance and Regulation in Kenya," Palgrave Studies in Maritime Economics, in: Claudio Ferrari & Hercules Haralambides & Sergio Prete & Alessio Tei (ed.), Regulation and Finance in the Port Industry, chapter 0, pages 37-51, Palgrave Macmillan.
    • Handle: RePEc:pal:psmchp:978-3-030-83985-7_3
    DOI: 10.1007/978-3-030-83985-7_3
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