The Impact of Kenya Shipyards Limited: A Case Study of the Lake Victoria Region, Kenya
This study examines the impact of Kenya Shipyard Limited (KSL) on the socio-economic development and water transport efficiency in the Lake Victoria region. The research investigates KSL's contributions to vessel repair and maintenance, infrastructure development, and its role in fostering sustainable economic activities. It also explores the challenges faced by KSL in fulfilling its mandate, such as resource constraints, regulatory hurdles, and operational inefficiencies. Key findings indicate that KSL has significantly improved the reliability and safety of water transport by facilitating timely maintenance and repair of vessels. Additionally, the shipyard's operations have contributed to job creation, regional trade facilitation, and the overall growth of Kenya's blue economy. However, challenges such as limited funding, inadequate technical capacity, and insufficient community engagement hinder the shipyard's potential to maximize its impact. The study concludes that Kenya Shipyard Limited plays a critical role in enhancing the efficiency of water transport in the Lake Victoria region, thereby promoting regional socio-economic development. To strengthen its operations, the study recommends increased investment in infrastructure, improved collaboration with local stakeholders, and the adoption of advanced technologies. These measures are essential for enabling KSL to address existing challenges and sustain its contributions to the region’s economic transformation.
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2024-12-27
- DOI
- https://doi.org/10.5281/zenodo.14558027
- Primary Topic
- Business Strategies and Management Research
- Type
- article
- Field-Weighted Citation Impact
- 0.00