Government Announces Major Progress in Special Economic Zones

Nairobi, August 26, 2024 — The Ministry of Trade, Industry, and Investment has today provided a significant update on the advancement of Kenya’s special economic zones (SEZs), particularly focusing on developments in Dogo Kundu and LAPSET.
PHOTO: CS Ministry of Investment, Trade and Industry Hon. Salim Mvurya addressing the press this morning in Nairobi 

Addressing members of the press this morning in Nairobi, the Cabinet Secretary Ministry of Investment, Trade and Industry HE Salim Mvuryia highlighted notable achievements in Dogo Kundu, where the special economic zones has attracted substantial interest. According to him, there are already 97 applications worth billions of shillings that the ministry has received.

"A total of 97 applications, worth over 500 billion shillings, have been received, with investments spanning sectors like energy, pharmaceuticals, steel, and glass. Of these, approximately 60% are local and 40% international." CS Mvuryia highlighted.

A major hurdle for Dogo Kundu has been the issue of compensation for project-affected persons. The Cabinet Secretary announced that KPA has secured 1.4 billion shillings for compensation, which will begin this week. Affected individuals will be provided with financial support and resettlement options, covering over 400 acres of land.

In addition, the Cabinet Secretary commended JICA for its support in infrastructure development, including roads, which is crucial for the SEZ’s success. A meeting with regional leaders is planned to further discuss the project's progress.

"We are happy that JICA is also giving a lot of support in infrastructure development, roads and other infrastructure in that area, which will also help us to open up this particular special economic zone." CS Mvuryia said.

Regarding LAPSET, the discussion emphasized its pivotal role in regional trade. The Cabinet Secretary revealed plans to gazette an area within LAPSET as a special economic zone, facilitating future investment opportunities. Initial infrastructure is in place, and investor interest includes ventures in fish processing.

This announcement underscores the government’s commitment to enhancing Kenya's economic landscape through strategic investments and infrastructural development.

CS Mvuryia was accompanied by key figures, including the board chair of Kenya Ports Authority (KPA), and leaders from LAPSET and CESA. The briefing centered on reviewing progress and addressing ongoing challenges.

By John Toris 
+254 713511032

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