#lapsset #ethiopia
Ethiopia Kenya South Sudan Fast Track $25 Billion Lapsset Infrastructure Project
Africa's investment by country is at an all-time high. Ethiopia, Kenya, and South Sudan recently reaffirmed their commitment to the LAPSSET Corridor Program, a massive $25 billion East African infrastructure project. The Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor project, also known as the Lamu corridor, is a Kenyan transportation and infrastructure project that will be the country's second transport corridor when completed.
The Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor, which begins in Lamu, Kenya, is the region's largest and most ambitious infrastructure project, connecting the three countries with vital infrastructural projects such as ports, highways, railways, an oil pipeline, and airports. The $25 billion infrastructure LAPSSET Corridor project, which will link Kenya with Ethiopia, Uganda and South Sudan, has its headquarters in Magogoni in Kenya’s historic coastal town of Lamu. The far-reaching project involves a railway, a highway, a crude oil pipeline and a fiber-optic cable connecting the four countries. The project will also include several airports, resort cities, an oil refinery, a 32-berth port in Lamu and other supporting infrastructure mini-projects. Once completed, the LAPSSET railway will connect to West Africa’s Douala–Lagos–Cotonou–Abidjan Corridor, running through Cameroon, Nigeria, Benin, Togo, Ghana and Côte d’Ivoire respectively. Experts view the LAPSSET project as a major contribution to the African Union’s regional integration vision of a peaceful, prosperous and fully integrated continent by 2063.
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