East Africa Portland Cement Company has abided by the Government plan to have it sell 16,000 acres of land in order to revive the troubled cement maker, which recently issued a profit warning.
The cement manufacturer has already set aside 900 acres of land which it plans to sale to Kenya Railways Corporation as it seeks to raise Sh15 billion required for its revival.
According to Mediamax, EAPCC has already received Sh1.2 billion out of the Sh5.2 billion valued for the land, which Kenya Railways plans to use to construct a multi-million shilling inland
Kenya Railways has already allocated 69 acres of the 900 acres to Grain Bulk Handlers Ltd to set up a container terminus next to the standard gauge railway terminus.
Another 50 acres of the land will be used to put up containers godowns and 19 acres will be used for service lanes.
The plan by Kenya Railways to set up an inland container depot,has, however received criticism from the local community who claim ownership of the land.
Aimi Ma Lukenya Society claims that EAPCC forged documents in order to get the land , which it claims is not his.
Reports by mediamax further reveal that the locals have a court order dated February 15, 2019 stopping any development on the disputed piece of land but are
However, the society chairman Julius Mutua claims that they are being sabotaged by police who use excessive force to harass and forcibly evict them from their alleged property
“We served the police with a court order stopping any developer from conducting any activity in our land but they defied the order,” he stated.
