This latest book chapter of PortEconomics memberdiscusses 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 transhipment hubs not only for containers but also for other traffic such as petroleum products exported out of Uganda.
The book chapter presents a discussion on how these evolutions influence port finance and regulation in the region. First, Kenya’s port system and performance are analyzed from a historical perspective, after which we describe the main port regulation and financial instruments, using internal documents of the Kenya Ports Authority such as financial, business and master plans. A future outlook is provided as a conclusion.
The book chapter has been published in Regulation and Finance in the Port Industry: Lessons from Worldwide Experiences (eds Claudio Ferrari, Hercules Haralambides, Sergio Prete and Alessio Tei), Palgrave Macmillan. Follow the link to find more on the chapter and the collective book.