Atlas Corridor
Component

Lamu Resort City

enclave

Cities

Lamu
Kenya

Cost

$0.7b
$682,000,000

Phases

planned,

Objective

Three Resort Cities are planned intended to support economic enabling activities as well as harness and tap into the rich tourism ecosystem. The Resort Cities will provide an opportunity to create a new vibrant tourism corridor based on group tours.

Description

The project will be at Mokowe and is premised by the rich cultural history including the Swahili village, beaches, unique cultural identity, world heritage sites and national reserves/parks. The construction of the project is expected to make Lamu one of the ten long-haul tourist destinations in the world. The project’s Expected Internal Rate of Return (EIRR) is 17.1%.

Finance

logo
$ investment
Government Of Kenya Government