Public, private sectors to advance trade through port charter
By Regina Manyara
The public and private sector have come together to advance trade through the northern corridor by signing the Mombasa port community charter.
While witnessing the signing President Uhuru Kenyatta, emphasized the need for infrastructural upgrade as well as integration of policies and resources so as to foster synergy among all players.
The past five years have seen Mombasa Port’s traffic grow at a rate of 7.5% annually increasing from 16.4 million tones in 2008 to 21.9 million tones in 2012.
Time consuming customs clearance procedures, low yard productivity, insufficient capacity as well as corruption along the supply chain are some of the constraints that have hindered productivity at the port.
Constraints at the Port of Mombasa have a direct negative effect on business along the northern corridor with this driving up the cost of goods by about 30%.
In order to spur regional economic growth, the port community has set various goals that cut across the entire logistics continuum.
These include achieving an average 120,000km per truck per annum by December 2016, grow cargo off-take by rail to above 35% of throughput by December 2018, paperless cargo clearance by integrating community systems in the Kenya national electronic single window system and increase liquid bulk holding capacity to 11,000,000metric tones by December 2015.