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Private investors encouraged to invest in govt projects

Petroleum Principal Secretary (PS), Mohammed Liban, has urged investors to engage in various infrastructure initiatives, including roads and ports in the country.

Speaking during his inspection tour of the Lake Gas Facility in Vipingo, Liban said that the government is actively encouraging more investors to participate in these projects, citing that their involvement is crucial in driving the development and sustainability of our nation’s infrastructure.

Construction of the ultra-modern LPG firm Lake Gas in Vipingo in its final stages. Photo by Andrew Hinga

The PS said investors are integral stakeholders both locally and internationally and that their investments have the potential to be self-sustaining and generate returns over time.

“In light of our current economic challenges, where 70 per cent of our national revenue is allocated to debt servicing and 20 per cent to civil servant salaries, only 10 per cent is available for other government expenditures,” he said.

Given these constraints, Liban emphasised that partnering with the private sector is an ideal solution, adding that private investors can finance infrastructure projects without drawing from the exchequer, thus enabling these projects to eventually become self-financing.

Liban also assured that the government is committed to a progressive and comprehensive transition from fossil fuels to liquefied gas.

He emphasised that the initiative prioritises environmental safety, ensuring a secure and reliable supply of gas, and advancing sustainable energy practices.

Meanwhile, the Lake Gas Facility is almost done and is set to be functional in the next 2-3 weeks, which

Upon completion, it will serve not only the entire nation, but also our East African neighbours, thus significantly impacting the region.

“By having this facility, we are looking at having our gas prices lower so that each household and every public institution will be able to afford it, and that is our president’s vision and mission. As a ministry, we are heading there to achieve our goals,” Liban noted.

Petroleum Principal Secretary (PS), Mohammed Liban (3rd left) during his inspection tour at LPG firm Lake Gas in Vipingo, Kilifi county. Photo by Andrew Hinga

He added that Kenya Petroleum Refinery Limited is now complete and ready for commissioning and will provide 1200 metric tonnes of LPG.

The government’s initiatives in the LPG sector are strategically guided by the Kenya National Cooking Transition Strategy (KNCTS) 2024–2028.

This comprehensive plan outlines the government’s commitment to transforming the nation’s energy landscape, with a view to ensuring a sustainable and efficient transition to cleaner cooking solutions.

By Fatma Said and Joyce Mutete 

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