Mungatana: Referendum poll will scare away investors
26 September 2014, 20:59
Mombasa - Kenya ports Authority Chairman Danson Mungatana has said the calls for a National referendum by the opposition side of government is uncalled for and is largely slowing down economical development at the port of Mombasa and the entire country at large.
Mungatana who spoke after giving a key note at the Annual National Chamber of commerce annual conference in Mombasa Mungatana has said the election mood is scaring away investors from the country and may affect tourism sector which is now picking up from the just ended low season.
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“In many developed countries, referendums are conducted towards election. Elections mood two years after the general election will slow down development activities in the country,” claimed Mungatana.
Mungatana has raised fears that Kenya Ports Authority operations will be derailed once the referendum campaigns take effect.
The KPA chair has appealed to Kenyans and professionals to enlighten Kenyans on the impacts of going into politics especially when the country is recovering from poor economic growth.
Meanwhile, Kenya Port Authority is set to get an economical boost once the construction of two berths is completed.
Mungatana said the construction of berth number 20 and 21 first phase through in partnership with a Japanese company will be complete by 2015 and will increase the cargo turn around in the Mombasa Port by 1.2 million containers per year.
He said the construction will cost KES 23 Billion.
“We have been following this closely and are anticipating that by November 2015, the work will have been completed,” Mungatana said.
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