The proposed investment is an A Loan of up to US$10 million to Kenya Tea Development Agency Holdings Ltd (KTDA). The A Loan will support the expansion strategy of KTDA in logistics business and finances a US$17.7 million greenfield inland container depot (ICD) project that comprises of 6.7 acres of container stacking yard, 0.9 acres of covered warehouses, and auxiliary facilities in Nairobi (the Project).
The Project develops cargo freight logistics infrastructure in the city of Nairobi, which improves capacity and affordability of services. At the market level, the Project contributes to improving integration of the logistics networks centered around the Port of Mombasa and the new standard gauge railway (SGR) line linking Mombasa to Nairobi, by improving the Port's hinterland footprint and connectivity.
Kenya Tea Development Agency Holdings Ltd
Mr. Benson Ngari
+254 20 322 7000
KTDA Farmers Building, Moi Avenue, P.O. Box 30213-0010, Nairobi, Kenya
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