The government has established two additional Export Processing Zones (EPZs).
These zones are aimed at fostering industrial development and encouraging economic growth within the country.
A recent gazette notice issued by the Ministry of Investments, Trade, and Industry, under the leadership of Cabinet Secretary Rebecca Miano, has outlined the establishment of these new EPZs.
The first of these zones will occupy a 500-acre plot of land in Murang’a, furthering the government’s commitment to industrial development.
The second newly established zone will be located on a 2-hectare plot of land in Mtwapa, situated within Kilifi County.
These strategic locations are part of the government’s broader effort to create an environment conducive to value addition in the processing of various locally produced commodities.
The move follows an announcement made in April of this year by the then Cabinet Secretary for Investment, Trade, and Industry, Moses Kuria.
Also Read: Kenyans Disagree With Trade CS On Supermarket Discounts
At that time, two additional Export Processing Zones were declared. The first zone, spanning approximately 135 hectares, was designated for Eldoret in Uasin Gishu County.
The second zone, covering an area of around 341.2 hectares, was earmarked for Bukhayo in Busia County.
Currently, Kenya boasts over 40 gazetted Export Processing Zones, located in various regions such as Nairobi, Voi, Athi River, Kerio Valley, Mombasa, and Kilifi.
These zones are in different stages of development and are managed and promoted by the Export Processing Zone Authority.
The primary purpose of these zones is to facilitate and promote investments with an export-oriented focus, which in turn leads to the expansion of value addition activities within the country.
The government is keen to create a favorable environment for both public and private developers and operators to invest in these EPZs, a move that aligns with Kenya’s broader economic development goals.
Top of Form
