Billions in investments at risk as transit cargo moves to Naivasha

Nairobi, June 3 -- Investment worth billions of shillings in logistics is expected to be rendered idle as a directive on evacuation of transit cargo from the Port of Mombasa to Naivasha takes effect this week. The move has also shifted clearing operations from the Port of Mombasa to Naivasha Inland Container Depot (ICD).

Transporters in Uganda and Kenya have opposed the order which took effect Tuesday, citing massive investment and job losses.

Players in Uganda, which accounts for more than a quarter of the business at the Port of Mombasa, has already petitioned Kenyan government through Ministry of Transport, Infrastructure, Housing and Urban Development Minister Edward Wamala to make it optional for them to evacuate cargo directly to Na...