Mombasa Port: Second Terminal (Phase 1)

Description

The development of the new container terminal at the port of Mombasa on an area of 100 hectares at the western side of the existing Kipevu Oil Terminal ("KOT") is complete and operational. It has yard capacity of 4,135 ground slots, 1,090 and 3,045 for yard 20 and 21, respectfully. The new terminal is composed of two berths of Panamax and Post-Panamax container vessels of 20,000 tons and 60,000 tons respectively.

History

The project started in 2012 and is financed by a loan from the Japanese government through JICA within the Special Terms for Economic Partnership (STEP) at an interest rate of 0.2% and a repayment period of 40 years including a 10-year grace period.

Finance