Sh650m for purchase of Lake Victoria ferries, communication system
Commuters wait for a ferry to arrive at the shores of Lake Victoria in Mbita. Lake Victoria transport is set for improvement after the Treasury allocated Sh650 million for the acquisition of new ferries and communication systems in the new financial year starting in July.
Lake Victoria transport is set for improvement after the Treasury allocated Sh650 million for the acquisition of new ferries and communication systems in the new financial year starting in July.
Budget documents by the Treasury show that Sh300 million will be spent on acquiring new ferries while Sh350 million will finance the installation of maritime communication equipment. The Treasury did not disclose the number of ferries to be purchased. A further Sh20 million has been marked for the development of a shipyard in Kisumu.
