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The Kenya Ports Authority (KPA) is targeting to increase its revenue to Sh64 billion within five years as part of its strategic plan to revamp the port of Mombasa.
The authority, according to its chief executive, will significantly improve the amount of goods passing through the port of Mombasa from 30.9 million deadweight tons (DWT) to 41.4 million, a milestone that would turn it into a world class port of choice.
KPA has also projected 100 per cent uptime and full system integration, meaning there will be smooth and uninterrupted operations at East Africa’s largest seaport in the strategic plan launched last Friday.
KPA Managing Director Daniel Manduku said in the last five years, the authority has completed a number of infrastructural projects including the Second Container Terminal and expansion of the Nairobi Inland Container Depot.
The initiative is expected to cost at least Sh1 billion every year.