Five Riparian Counties in Nyanza resolve to steer Lakefront Development

 

Kisumu Governor Prof Anyang Nyongo and his Homa Bay Counterpart Gladys Wanga after today's meeting of Five Riparian Governors-Photo Courtesy 

By Dickson Odhiambo

September 22, 2022

Five Riparian Counties in Nyanza resolve to steer Lakefront Development

FIVE Counties being surrounded by the Lake Victoria have today come up with resolutions on the Lakefront Development.

The five Riparian Counties comprised of Kisumu, Homa Bay, Migori, Siaya and Busia have held a meeting today in Kisumu and have come up with three strong resolutions on Lakefront Development.

In a signed Press statement to the news rooms, the Governors of the five Riparian Counties say the riparian counties to constitute and operationalize a technical sub-committee on Lakefront planning and Development.

The Governors have also taken the note of the need to develop a joint Lakefront initiative aimed at promoting sustainable use of the Lakefront targeting the water resource, the riparian area and the people whose livelihood depends on Lake Victoria with particular focus on the urban areas including the beach settlement.

The five Governors have also taken not of linking Lakefront planning and the Lake Victoria Ring Road to the Lake Victoria Regional Development program improving infrastructure to human capital opportunities and market for residents.

The City of Kisumu’s “Integrated Strategic Urban Development (ISUD) Plan”, identified the Lakefront Area as a key asset for the city and proposed its development as an extension of the Central Business District (CBD).

 The land targeted for this expansion was owned by the Kenya Railway Corporation (KRC) who also planned to develop the land, on a commercial basis.

 In order to materialize the development of the area in a way that: benefits the city; presents economic gains for land owners and developers; and preserves the local economy that was active in part of the area; UN-Habitat prepared the Lakefront Development Advisory Plan and further analysed legislation and overall economic feasibility of the areas.

UN-Habitat also proposed the formation of Lakefront Development Corporation, a Special Purpose Vehicle (SPV) that would promote public and private sector investment and development of the lakefront.

Upon assuming Office in 2018, the Governor of Kisumu, Professor Peter Anyang’ Nyong’o, took up the recommendation of UN-Habitat and established the SPV known as Kisumu Lakefront Development Corporation (KLDC).

The vehicle is currently seeking UN-Habitat support to operationalize the Advisory Plan and subsequently attract investors to the lakefront.

 

 

Comments

Popular posts from this blog

Kisumu Governor: We have given loans to traders to cushion them against Covid-19 Pandemic

Ksm Journalists Network Chairman dies in a grisly Road accident

New Team takes over Ksm Journalists Network’s Leadership