Transportation & Logistics
The transport sector in Kenya is a very vital sector as it supports a rapidly-growing economy as envisaged in the Kenya Vision 2030. The sector grew by 8.8% in 2016 compared to 7.1% in 2015. Therefore the Government will continue to sustain and expand the on-going public investments in road, rail and air transport subsectors.
Kenya’s logistics market has continued to develop over the past decade, from the typical low specification warehouses commonly identified as ‘godowns’, to higher quality A- and B-grade warehouses. Transport and Logistics users occupy the highest market share of approximately 26%,
The bilateral and free trade agreements with various countries, along with involvement in initiatives such as COMESA, ACP and AGOA, trade is expected to improve substantially. With the African Continental Free Trade Agreement, Kenya now has free access to the entire African market. This year direct flights to the US have commenced thus increasing market access in the region.