Thursday, October 31, 2024 – Nairobi Gate Industrial Park has invested Sh903 million
($7 million) to expand its capacity by adding 130,000 square feet of modular
warehouse units.
The project aims to support
Kenya’s light manufacturing sectors, including agro-processing and textiles, by
providing space for both local and international businesses.
Building on the success of a
previous phase launched in November 2023 with a 90 percent occupancy rate, the
park now hosts 17 businesses, including eight SEZ enterprises that benefit from
customs and tax incentives.
“With this investment, we
continue our commitment to the Kenyan market,” said Nairobi Gate Managing
Director Dean Shillaw.
Located along Nairobi’s Eastern
Bypass, the 103-acre park has developed 23 percent of its site, offering over 550,000
square feet of logistics facilities and creating 434 permanent jobs.
The park seeks to attract
additional foreign direct investment, particularly in bulk infrastructure
projects.
The Kenyan DAILY POST
