President William Ruto on Tuesday launched the Vipingo Special Economic Zone (SZE) in Kilifi County.
He described the industrial hub as a transformative 2,000-acre project set to attract Sh390 billion in investments.
“This grand project will also generate more than 35,000 direct jobs and spark thousands more economic opportunities across industries,” he said.
He added that Kenya is unlocking its full potential as Africa’s industrial powerhouse.
“We are investing in Special Economic Zones (SEZs) as engines of growth to fast-track industrialisation, attract global investors and create wealth for our people,” the President stated.
“With 38 SEZs, 111 EPZs, abundant green energy, a dynamic young workforce, and rich natural resources for value addition — Kenya stands as the gateway to Africa’s 1.4 billion-strong AfCFTA market.”
Vipingo SEZ is being developed by global firm Arise Integrated Industrial Platforms (Arise IIP) in partnership with Centum Investments.
The Zone sits on a 2,000-acre site along the coast, strategically located just 42 kilometers from Mombasa, a gateway to major shipping routes and robust regional trade.
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