development plan and survey for the Port area has been completed. The Government has so far allocated KSh.4.2 billion/= in preparation for the commencement of construction works for the first three berths. The government is also in the process of mobilising more resources from its own revenue resources as well as from private sector investors through equity and debt including bonds while mobilisation of more funds through equity and debt participation by investor for the construction of the first three berths and its associated infrastructure. These three berths are being constructed by China Communications Construction Company at a cost of nearly $480 million, and will reportedly be opened by 2020. LAPSSET Highway Component The LAPSSET highway component has been categorized in sections as indicated below: Lamu – Garissa (D568) - 250 km Garissa – Isiolo (C81,D586,B9) - 423 km Isiolo – Moyale (A2) - 505 km Isiolo–Nadapal - 721 km Isiolo – Marsabit – Moyale, A2 It is important to note that significant progress has been made on the ongoing construction of LAPSSET Highway component, particularly the 505 km Isiolo-Moyale A2 Road costing approximately KSh.46 billion/= and being funded jointly by the African Development Bank, European Union and the Government of Kenya. Indeed, Kenyans and Ethiopians will soon be able to enjoy improved transport and logistics services and transact business between Addis Ababa, Lamu and Nairobi. Isiolo – Merille (136 km) The Isiolo – Merille River Road, constitutes the first section of the 505 km road from Isiolo to Moyale which is part of the road linking Tunduma in Southern Tanzania with Addis Ababa in Ethiopia. The project construction works are complete. This project was funded by the African Development Bank at a cost of KSh.6,318,130,428/27. Merille River – Marsabit (121 km) This road constitutes the second section of the 505 km road from Isiolo to Moyale and Addis Ababa in Ethiopia. The road begins at Merille River and runs in a northerly direction and terminates at Marsabit. The construction works for this section has progressed at 10% having commenced in January 2013 and is scheduled for completion by January 2016 and is being funded by the European Union. The project will cost a total sum of KSh.13.73 billion/=. Marsabit – Turbi (123 km) The road begins in Marsabit at the junction with the road C82 and runs in a northerly direction and terminates in Turbi constituting the third section