NEWS

Kenya Ports Authority Transaction Advisory Project

In line with the Government of Kenya’s (GOK) vision, Kenya Ports Authority (KPA) is intended to be rated amongst the top 20 ports in the world, in terms of reputation and performance. As part of KPA’s reforms agenda, three projects were included and approved for implementation in the initial commercialization programme. The three projects are as follows: (1) Container Berth Nos. 11-14 rehabilitation and expansion; (2) provision of Stevedoring services for loading and unloading cargo; and (3) utilization and operation of Eldoret Inland Container Terminal.

CPCS has been engaged to provide transaction advisory services to enable the GOK’s Privatization Committee to prepare a detailed commercialization proposal in regards to each of the three transactions. The project, which has recently commenced, is being implemented in two phases: (1) Preparatory, where all due diligence and planning work will be undertaken; and (2) Implementation, where the transactions will be executed. Among other services, CPCS will advise the Commission on how to structure and implement each transaction taking into account that each operation is part of the KPA’s current function.

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