KENYA
TOURISM
Isiolo Resort Construction and Development Project Financial Position The main concept of the Isiolo Resort City Project is to create a new tourism corridor based on group tours using mass transportation networks facilitated by the LAPSSET Corridor. Isiolo Town Department of Tourism, MEAACT Public Private Partnership USD 200 million Internal Rate of Return (IRR): 12.8 % Net Present Value (NPV): USD 8 million Cost-Effectiveness Ratio: 1.08 TOURISM COMESA INVESTMENT TEASER 2015-2016 3
INFRASTRUCTURE: TRANSPORT, ENERGY, ICT, MINING AND WATER
Nairobi Commuter Rail Kenya Railway Transport Rehabilitation of a 100 km of existing rail system in Nairobi. Construction of a 6.5 km new track from Embakasi railway station to Jomo Kenyatta International Airport (JKIA). Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies Investment Required Rehabilitation or construction of stations and other facilities along the network: Nairobi-Ruiru 30 km Nairobi-Kikuyu 28 km Nairobi-Embakasi village 11 km Nairobi-JKIA 21 km Nairobi Kenya Railways Corporation (KRC) Public Private Partnership Feasibility study stage USD 350 million Government of Kenya: USD 207 million Private Investor: USD 133 million INFRASTRUCTURE: TRANSPORT, ENERGY, ICT, MINING AND WATER COMESA INVESTMENT TEASER 2015-2016 5
Lappset Lamu Port Kenya Port Development INFRASTRUCTURE: TRANSPORT, ENERGY, ICT, MINING AND WATER Current Status/ Stage of Project Arror Multipurpose Dam Energy Current Status/ Stage of Project Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies The project aims to achieve the construction of 3 additional berths and a draft of 18 meters to accommodate bigger ships of 100,000 tons and more. The first 3 berths are under construction through funding by the Government of Kenya. The port will be linked to Ethiopia and South Sudan through a road network and a standard gauge railway line via Garissa, Isiolo to Moyale and Lokichoggio respectively. Lamu Kenya Ports Authority (KPA) EOI to be advertised Build Operate Transfer (BOT) USD 664 Million KVDA intends to develop a multipurpose dam at Arror river which could support hydro electricity generation and supply water for domestic use and irrigated agriculture. Kerio Valley Development Authority (KVDA) Public Private Partnership Feasibility study available USD 302.48 million 6 COMESA INVESTMENT TEASER 2015-2016
Magwagwa Multi-Purpose Dam Kenya Energy Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies Comprises the construction of a 95 m high and 450 m long concrete-faced rock-fill dam with a design total plant output of 120 MW and an annual energy production of 510 GWh/y. It also comprises a reservoir with a maximum capacity of 106 m 3. The reservoir is expected to supply water to 19 service centres starting with Magwagwa town and to provide water for irrigation and fisheries. Nyanza-magagwa/ Muhoroni Lake Basin Development Authority A BOT model under a PPP agreement where the private partner finances, constructs, maintains and transfers the facility to LBDA at the end of an agreed period of time. Available Teremi Hydropower Project Energy Contacts USD 979.8 million Hydropower project in which the powerhouse would be fitted with 2 power generation units with a total installed capacity of 1,700 kw. Kenya Ministry of regional Development Authorities/ LBDA Telephone: +257 57 2027227 E-mail: info@lbda.co.ke Address: P.O. Box 1516, Kisumu Public Private Partnership Investment Required Kshs 133,609,300 INFRASTRUCTURE: TRANSPORT, ENERGY, ICT, MINING AND WATER COMESA INVESTMENT TEASER 2015-2016 7
Mombasa Petroleum Trading Hub Kenya Energy INFRASTRUCTURE: TRANSPORT, ENERGY, ICT, MINING AND WATER Current Status/ Stage of Project Project Financial Position The Mombasa Petroleum Trading hub shall be a modern petroleum terminal comprising: Two offshore petroleum jetties (single buoy moorings) with one dedicated to loading/ offloading crude oil and black fuels and the other for refined products. The jetties will allow a discharge by crude carriers of up to VLCC capacity and product carriers of up to 120,000 DWT. A modern greenfield petroleum tank farm with a design capacity of 800,000 MT to be developed in phases from an initial minimum capacity of 300,000 MT. Objective: Address the present constraints faced at the port of Mombasa and set-up the infrastructure necessary to position the Kenyan coast as a petroleum trading hub to serve East Africa and the Eastern coast of Africa and ultimately serve as an important supply point for cargoes destined for South East Asia. Mombasa National Oil Corporation of Kenya (NOCK) Awaiting EOI to be advertised Joint Venture Profitability indicators Results Total Investments USD 513.844.696,49 Net Profit/ Total revenues (on average) 36% Free Cash Flow Internal Rate of Return 14,53% Free Cash Flow Net Present Value USD 175.070.973,42 Shareholders Cash Flow Internal Rate of Return 16,74% Shareholders Cash Flow Net Present Value USD 73.966.640,09 8 COMESA INVESTMENT TEASER 2015-2016
Mombasa Petroleum Trading Hub - Estimated Cost Budget Alt-1 (Kaya Pungu) Code Description Total ($) 1 Single Bouy Mooring (Deep Water) 1.1 Sbm 65.000.000,00 1.2 Sbm and Plem Installation 15.000.000,00 1.3 Pipe Pull (Excl. Trenching & Backfilling) 23.000.000,00 1.4 Preparatori Works 20.000.000,00 1.5 Sealine (Civil Works) 15.000.000,00 Total 138.000.000,00 2 Pipeline 2.1 Special Civil Work 11.500.000,00 2.2 Pipeline 9.461.375,00 2.3 Land for Pipeline 1.312.500,00 Total 22.273.875,00 3 Tank Farm+Booster 3.1 Tank Farm 325.000.000,00 3.2 Booster 14.375.000,00 3.3 Land for Tank Farm 5.527.681,25 Total 344.902.681.25 4 Others 4.1 Roads 4.218.750,00 4.2 Safety and Security Issues 1.250.000,00 4.3 Relocation / Compesation 3.199.390,24 Total 513.844.696,49 INFRASTRUCTURE: TRANSPORT, ENERGY, ICT, MINING AND WATER COMESA INVESTMENT TEASER 2015-2016 9
The Nandi Forest Dam Multipurpose Project Energy INFRASTRUCTURE: TRANSPORT, ENERGY, ICT, MINING AND WATER Contact Investment Required Konza City ICT Contact Current Status/ Stage of Project Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies Period of Implementation The project will have four major components: the storage dam, the domestic and industrial water treatment and supply system, the power generation station to produce 60 MW and the irrigation of nearly 10,000 ha of agricultural land on the Kano plains. Kenya Ministry of Regional Development Authorities/ LBDA Telephone: +257 57 2027227 E-mail: info@lbda.co.ke Address: P.O. Box 1516, Kisumu Public Private Partnership Kshs 40.6 billion Konza is envisioned to be an exemplar mixed development technology city developed on a greenfield site 60 km from Nairobi on the major Mombasa-Nairobi Highway. Phased development over 20 years with the BPO Park taking-up 23% of the planned 6 million square feet of floor. Machakos Konza Technopolies Authority Public Private Partnership Master developer identified Feasibility studies available USD 14.5 billion 4-5 year phases 10 COMESA INVESTMENT TEASER 2015-2016
LOGISTICS
Lappset Lamu Port Maritime Port Current Status/ Stage of Project The project aims to achieve the construction of 3 additional berths and a draft of 18 m to accommodate bigger ships of 100,000 tons and more. The first 3 berths are under construction thanks to the funding of the Government of Kenya. The port will be linked to Ethiopia and South Sudan through a road network and a standard gauge railway line via Garissa, Isiolo to Moyale and Lokichoggio respectively. Lamu Kenya Ports Authority (KPA) EOI to be advertised Build Operate Transfer (BOT) USD 664 million LOGISTICS 12 COMESA INVESTMENT TEASER 2015-2016
CONTACTS Kenya Investment Authority (KENINVEST) Telephone: (+254) 730 104 200 Fax: (+257) (20) 22 43 862 E-mail: info@investmentkenya.com Website: www.investmentkenya.com