The Special Economic Zones Authority (SEZ Authority) recently hosted its first-ever site visit for potential investors, highlighting the promising investment opportunities within the Naivasha Special Economic Zone (SEZ). The visit provided a comprehensive overview of the zone’s strategic location and attractive incentives for businesses.
Among the key highlights of the tour was a visit to the SEZ’s power station, where officials emphasized the cost advantages for businesses due to reduced power tariffs. Earlier this year, the government announced a lower electricity tariff of 5 shillings per kilowatt, aimed at attracting investments to the Naivasha SEZ.
During the visit, investors had the opportunity to explore essential infrastructure facilities, including the Inland Container Depot (ICD) and the Standard Gauge Railway (SGR). An interactive session with representatives from Kenya Railways Authority, Kenya Ports Authority, and Kenya Revenue Authority provided valuable insights into the seamless cargo operations at the ICD.
Thomas Yongo, Acting Regional Operations Officer at Kenya Railways Corporation, reassured investors of the corporation’s commitment to facilitating smooth operations. Yongo outlined plans to extend railway tracks directly to investors’ premises, enhancing transportation efficiency within the SEZ.
The site visit culminated with a tour of the operational Jumbo AAA SEZ, showcasing the diversity of businesses thriving within the Naivasha SEZ. Located on 1000 acres of land in Mai Mahiu, Nakuru County, along the Nairobi-Naivasha Standard Gauge Railway (SGR) line, the SEZ offers state-of-the-art trans-shipment facilities.
“The Naivasha SEZ provides a conducive environment for businesses to thrive, supported by its strategic location and modern infrastructure,” commented a spokesperson from the SEZ Authority.
With its internal container depot, logistics zone, railway marshalling area, and industrial parks, the Naivasha SEZ is well-equipped to meet the needs of businesses seeking to capitalize on regional trade opportunities.
For investors seeking a prime location with unparalleled infrastructure and incentives, the Naivasha SEZ offers a compelling opportunity within Kenya’s economic landscape.
Photo source: Google
By: Montel Kamau
Serrari Financial Analyst
4th June, 2024
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