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Revamping port can add 2pc to GDP, says report

Published on April 18, 2018

Creating sufficient capacity ahead of demand at the Mombasa port and proactive investment in expansion and upgrade of roads and rail linking the facility to hinterland will grow Kenya’s economy by at least two per cent. This is according to a new report by PricewaterhouseCoopers (PwC).

The report says the increase in investment in the port and landside regional transport system will also redirect global cargo flows into East and Central Africa, attracting more giant shipping lines. Read more. Source | Business Daily