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Why LAPSSET should be downgraded
Rank: Member Joined: 7/17/2011 Posts: 627 Location: Mbui-Nzau, Kikumbulyu
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clearly someone does not understand feasibility plans ..and one done as recent as 2012 by Toyota Tsusho Corporation
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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limanika wrote:The plans were developed 40years ago? Exactly that’s the point. Regional dynamics are changing so much by the day, many may not know that Kenya is no longer East Africa’s biggest economy in GDP terms. Ethiopia is. Sudan is richer than Kenya in GDP terms. Tanzania is catching up very fast. What were the facts 40years ago? The policy makers really need to think outside the box. Your thinking above is the reason why the project was shelved 40 years ago. I wonder where kenya would be if that hadnt happened. Thank goodness your not in govt and if you are please resign. Your even thinking S.Sudan is richer than Kenya, SMH a country that has no elec...ooh and we should pee on our pants because Tz is catching up, he he,....  By the way, isn't it great that Ethiopia is building an electric railroad??? How many Kilometers again??? On the US rail roads please again research PACIFIC RAILROAD ACTS "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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murchr wrote:limanika wrote:The plans were developed 40years ago? Exactly that’s the point. Regional dynamics are changing so much by the day, many may not know that Kenya is no longer East Africa’s biggest economy in GDP terms. Ethiopia is. Sudan is richer than Kenya in GDP terms. Tanzania is catching up very fast. What were the facts 40years ago? The policy makers really need to think outside the box. Your thinking above is the reason why the project was shelved 40 years ago. I wonder where kenya would be if that hadnt happened. Thank goodness your not in govt and if you are please resign. Your even thinking S.Sudan is richer than Kenya, SMH a country that has no elec...ooh and we should pee on our pants because Tz is catching up, he he,.... By the way, isn't it great that Ethiopia is building an electric railroad??? How many Kilometers again??? On the US rail roads please again research PACIFIC RAILROAD ACTS Do you know the difference between Sudan and s. Sudan? Let me also say without fear of contradiction _ no bank worth it's salt would agree to finance lapsset in its current form. Ask yourself, why is s. Sudan pushing for extension of road from kitale and not lapsset?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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limanika wrote:murchr wrote:limanika wrote:The plans were developed 40years ago? Exactly that’s the point. Regional dynamics are changing so much by the day, many may not know that Kenya is no longer East Africa’s biggest economy in GDP terms. Ethiopia is. Sudan is richer than Kenya in GDP terms. Tanzania is catching up very fast. What were the facts 40years ago? The policy makers really need to think outside the box. Your thinking above is the reason why the project was shelved 40 years ago. I wonder where kenya would be if that hadnt happened. Thank goodness your not in govt and if you are please resign. Your even thinking S.Sudan is richer than Kenya, SMH a country that has no elec...ooh and we should pee on our pants because Tz is catching up, he he,.... By the way, isn't it great that Ethiopia is building an electric railroad??? How many Kilometers again??? On the US rail roads please again research PACIFIC RAILROAD ACTS Do you know the difference between Sudan and s. Sudan? Let me also say without fear of contradiction _ no bank worth it's salt would agree to finance lapsset in its current form. Ask yourself, why is s. Sudan pushing for extension of road from kitale and not lapsset? Again commenting without researching. Kitale S.Sudan road is a connection to the Northern Corridor. Again ref to the map. I assumed that the sudan you mentioned was south sudan because lapsset is not connected in anyway with the north so its mentioning here is non consequential. Now I don't know which bank your waiting for to show up since the Lapsset is ongoing. The road that is called A2 goes to Ethiopia, tafathali tumia mtandao. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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murchr wrote:limanika wrote:murchr wrote:limanika wrote:The plans were developed 40years ago? Exactly that’s the point. Regional dynamics are changing so much by the day, many may not know that Kenya is no longer East Africa’s biggest economy in GDP terms. Ethiopia is. Sudan is richer than Kenya in GDP terms. Tanzania is catching up very fast. What were the facts 40years ago? The policy makers really need to think outside the box. Your thinking above is the reason why the project was shelved 40 years ago. I wonder where kenya would be if that hadnt happened. Thank goodness your not in govt and if you are please resign. Your even thinking S.Sudan is richer than Kenya, SMH a country that has no elec...ooh and we should pee on our pants because Tz is catching up, he he,.... By the way, isn't it great that Ethiopia is building an electric railroad??? How many Kilometers again??? On the US rail roads please again research PACIFIC RAILROAD ACTS Do you know the difference between Sudan and s. Sudan? Let me also say without fear of contradiction _ no bank worth it's salt would agree to finance lapsset in its current form. Ask yourself, why is s. Sudan pushing for extension of road from kitale and not lapsset? Again commenting without researching. Kitale S.Sudan road is a connection to the Northern Corridor. Again ref to the map. I assumed that the sudan you mentioned was south sudan because lapsset is not connected in anyway with the north so its mentioning here is non consequential. Now I don't know which bank your waiting for to show up since the Lapsset is ongoing. The road that is called A2 goes to Ethiopia, tafathali tumia mtandao. So you think it is cool to borrow 2.5trillion and build a lapsset that Ethiopia and S. Sudan might never use as their first alternative… and that we should not pause for a moment to ask ourselves if those countries we are trying to assist might have a cheaper option… and even when we know that those countries are already constructing their own corridors while ours are still plans on paper, we should not take a second look at our plans? I rest my case.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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limanika wrote:[
So you think it is cool to borrow 2.5trillion and build a lapsset that Ethiopia and S. Sudan might never use as their first alternative… and that we should not pause for a moment to ask ourselves if those countries we are trying to assist might have a cheaper option… and even when we know that those countries are already constructing their own corridors while ours are still plans on paper, we should not take a second look at our plans? I rest my case. Aiii!!! we are trying to assist? HOW?? Again do you stop living because your neighbor is? No further comment "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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wanyee wrote:kizee1 wrote:someone in gaament shud watch"the men who built America", lapsset is a very minor project compared to what those men accomplished in their day, i believe the government should create enough incentives for private sector financing of infrastructure projects different times ,dynamics, funding models, legal systems..you can imagine in Kenya you need to contend with the "evil" society...the now regular local community, NEMA, power brokers, conmen , bandits ...the closest we come to akina Cornelius Vanderbilt is kina Dj Ck..may be Trans-century ...or may be even over-haul the huge Saccos into corporates flexible enough that can gamble their huge liquidity..but the again who? they would not ..the story of "the men who built America" is fraught and replete with numerous bankruptcies, liquidations and take-overs  need not be local chaps...
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Rank: Member Joined: 4/2/2011 Posts: 629 Location: Nai
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limanika wrote:The plans were developed 40years ago? Exactly that’s the point. Regional dynamics are changing so much by the day, many may not know that Kenya is no longer East Africa’s biggest economy in GDP terms. Ethiopia is. Sudan is richer than Kenya in GDP terms. Tanzania is catching up very fast. What were the facts 40years ago? The policy makers really need to think outside the box. Boss our road and rail network belongs in the 19th century. As I said before LAPSSET is not even enough for Kenya let alone our neighbours. Honestly I am struggling to understand why you are the only one who thinks that LAPSSET is a waste of resources. Yes the 2 trillion will be borrowed money. At what? 3% interest rate? Now if you develop an economy that extracts and exports a modest 2 million barrels of oil p.a on that line, that is revenue of Sh 16.8 tr. Assuming that net income on that oil is only 10%, that is Sh 1.6 tr. Assuming that the governments share of that income is 25%, that is Sh 500b. So what is the payback period for that pipeline? 5 years? Do you now understand that 2 tr is not as daunting as it seems? Now, economists will tell you that the multiplier effect for infastructure projects suggests a 5 times growth in investment meaning that the 2 tr investment could yield a 10 tr economy within less that 3 years of completion. Do you need any more pursuasion?
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Rank: Member Joined: 12/24/2006 Posts: 20
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This is a very interesting discussion. I found an article on this issue which specifically dwells on the oil pipeline here
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Rank: Veteran Joined: 9/21/2011 Posts: 2,032
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Toshy wrote:This is a very interesting discussion. I found an article on this issue which specifically dwells on the oil pipeline here Thank you for the article, it captures my opinions on the issue very well and much so to a bigger audience.
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Why LAPSSET should be downgraded
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