KENYA

TOURISM

COMESA INVESTMENT TEASER 2015 - 2016

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Isiolo Resort

Sub-SectorConstruction and Development

Project DescriptionThe 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.

Project Location Isiolo Town

Lead Agency/ Project Promoter Department of Tourism, MEAACT

Actions Required/ Implementation Arrangements/ Contract Type Public Private Partnership

Estimated Cost of the Project USD 200 million

Project Financial Position• Internal Rate of Return (IRR): 12.8 %• Net Present Value (NPV): USD 8 million• Cost-Effectiveness Ratio: 1.08

INFRASTRUCTURE: TRANSPORT, ENERGY, ICT,

MINING AND WATER

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COMESA INVESTMENT TEASER 2015 - 2016 5

KenyaNairobi Commuter Rail

Sub-SectorRailway Transport

Project Description

• 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).

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

Project Location Nairobi

Lead Agency/ Project Promoter Kenya Railways Corporation (KRC)

Actions Required/ Implementation Arrangements/ Contract Type Public Private Partnership

Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies

Feasibility study stage

Estimated Cost of the Project USD 350 million

Investment Required • Government of Kenya: USD 207 million • Private Investor: USD 133 million

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COMESA INVESTMENT TEASER 2015 - 20166

Lappset – Lamu Port

Sub-SectorPort Development

Project Description

The project aims to achieve the construction of 3 additional berths and a draft of 18 meters to accommodate bigger ships of 100,000 tonsandmore.Thefirst3berthsareunderconstructionthroughfunding 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.

Project Location Lamu

Lead Agency/ Project Promoter Kenya Ports Authority (KPA)

Current Status/ Stage of Project EOI to be advertised

Actions Required/ Implementation Arrangements/ Contract Type Build Operate Transfer (BOT)

Estimated Cost of the Project USD 664 Million

Arror Multipurpose Dam

Sub-SectorEnergy

Project DescriptionKVDA intends to develop a multipurpose dam at Arror river which could support hydro electricity generation and supply water for domestic use and irrigated agriculture.

Lead Agency/ Project Promoter Kerio Valley Development Authority (KVDA)

Current Status/ Stage of Project Public Private Partnership

Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies

Feasibility study available

Estimated Cost of the Project USD 302.48 million

Kenya

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COMESA INVESTMENT TEASER 2015 - 2016 7

Magwagwa Multi-Purpose Dam

Sub-SectorEnergy

Project Description

Comprises the construction of a 95 m high and 450 m long concrete-facedrock-filldamwithadesigntotalplantoutputof120 MW and an annual energy production of 510 GWh/y. It also comprises a reservoir with a maximum capacity of 106 m3.

The reservoir is expected to supply water to 19 service centres starting with Magwagwa town and to provide water for irrigation and fisheries.

Project Location Nyanza-magagwa/ Muhoroni

Lead Agency/ Project Promoter Lake Basin Development Authority

Actions Required/ Implementation Arrangements/ Contract Type

A BOT model under a PPP agreement where the private partner finances,constructs,maintainsandtransfersthefacilitytoLBDAatthe end of an agreed period of time.

Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies

Available

Estimated Cost of the Project USD 979.8 million

Kenya

Teremi Hydropower Project

Sub-SectorEnergy

Project Description Hydropowerprojectinwhichthepowerhousewouldbefittedwith2power generation units with a total installed capacity of 1,700 kW.

Project Location Kenya

Lead Agency/ Project Promoter Ministry of regional Development Authorities/ LBDA

ContactsTelephone: +257 57 2027227E-mail: info@lbda.co.ke Address: P.O. Box 1516, Kisumu

Actions Required/ Implementation Arrangements/ Contract Type Public Private Partnership

Investment Required Kshs 133,609,300

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COMESA INVESTMENT TEASER 2015 - 20168

Profitabilityindicators Results

Total Investments USD 513.844.696,49

NetProfit/Totalrevenues(onaverage) 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

Sub-SectorEnergy

Project Description

The Mombasa Petroleum Trading hub shall be a modern petroleum terminal comprising: • Two offshore petroleum jetties (single buoy moorings) with one

dedicatedtoloading/offloadingcrudeoilandblackfuelsandtheotherforrefinedproducts.

• The jetties will allow a discharge by crude carriers of up to VLCC capacity and product carriers of up to 120,000 DWT.

• Amoderngreenfieldpetroleumtankfarmwithadesigncapacityof 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.

Project Location Mombasa

Lead Agency/ Project Promoter National Oil Corporation of Kenya (NOCK)

Current Status/ Stage of Project Awaiting EOI to be advertised

Actions Required/ Implementation Arrangements/ Contract Type Joint Venture

Project Financial Position

Mombasa Petroleum Trading Hub Kenya

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COMESA INVESTMENT TEASER 2015 - 2016 9

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 PipePull(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

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COMESA INVESTMENT TEASER 2015 - 201610

The Nandi Forest Dam Multipurpose Project

Sub-SectorEnergy

Project Description

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.

Project Location Kenya

Lead Agency/ Project Promoter Ministry of Regional Development Authorities/ LBDA

ContactTelephone: +257 57 2027227E-mail: info@lbda.co.ke Address: P.O. Box 1516, Kisumu

Actions Required/ Implementation Arrangements/ Contract Type Public Private Partnership

Investment Required Kshs 40.6 billion

Konza City

Sub-SectorICT

Project Description

Konza is envisioned to be an exemplar mixed development technologycitydevelopedonagreenfieldsite60kmfromNairobionthe major Mombasa-Nairobi Highway.

Phased development over 20 years with the BPO Park taking-up 23%oftheplanned6millionsquarefeetoffloor.

Lead Agency/ Project Promoter Machakos

Contact Konza Technopolies Authority

Current Status/ Stage of Project Public Private Partnership

Availability of Pre-feasibility Studies, Feasibility Studies, and Other Studies

Masterdeveloperidentified

Estimated Cost of the Project Feasibility studies available

Estimated Cost of the Project USD 14.5 billion

Period of Implementation 4 - 5 year phases

LOGISTICS

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CS

COMESA INVESTMENT TEASER 2015 - 201612

Lappset – Lamu Port

Sub-SectorMaritime Port

Project Description

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 andmore.Thefirst3berthsareunderconstructionthankstothefunding 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.

Project Location Lamu

Lead Agency/ Project Promoter Kenya Ports Authority (KPA)

Current Status/ Stage of Project EOI to be advertised

Actions Required/ Implementation Arrangements/ Contract Type Build Operate Transfer (BOT)

Estimated Cost of the Project USD 664 million

CONTACTS

Kenya Investment Authority (KENINVEST) Telephone: (+254) 730 104 200Fax: (+257) (20) 22 43 862E-mail: info@investmentkenya.comWebsite: www.investmentkenya.com