GOVERNMENT TO KICK START 5.8 BILLION LIKONI CABLE CAR PROJECT

👤 By Sam De Son • 📖 1 min read • 📅 November 12, 2021 • 👁 54 views
GOVERNMENT TO KICK START 5.8 BILLION LIKONI CABLE CAR PROJECT

he government has set the launch of the Sh5.8 billion Likoni Cable Car project for April 2022.⁣

This follows the allocation of land by the National Land Commission after the unavailability of the land delayed the project for years.⁣

In November, NLC chairman Gershom Otachi ordered the Kenya Ports Authority to utilize the land within 180 days, lest it is reverted to the owners.⁣

“The management body shall within 180 days of publishing of this reservation order cause to be prepared and submit to NLC for approval a plan for the development management and use of the reserved land failure to which the management orders will stand revoked,” read the gazette notice in part.⁣

The Likoni Cable Car project is a privately initiated and privately funded private public partnership(PPP) project.⁣

The company will operate the transport facility for 25 years before transferring it to the Kenya Ferry Services.⁣

Contributor: Sam De Son

Senior editorial writer covering breaking industry news, politics, tech innovation, and entertainment zeitgeist at Dapstrem Media.