The government will be the biggest beneficiary of the Sh4.1 billion Likoni Cable Cars project, Transport Cabinet Secretary James Macharia has said.
Although the project is being undertaken through the Public Private Partnership, Mr Macharia said its value will stand at Sh20 billion at the end of the concession period.
Last week, the Cabinet approved the construction of the cable cars at the Likoni channel.
“The project is done through the private sector. The government is not putting a single penny in it.
“It is being done through the Public Private Partnership, through a company called Trapos Limited. Upon completion, the cars will be carrying about 187,000 passengers every day, compared to the current ferry passenger capacity of 350,000,” he said.