The Special Economic Zones(SEZ) Authority has unveiled a web portal to boost communication, transparency, and services to current and potential investors within the zones.
With support from the International Finance Corporation(IFC), www.sezauthority.go.ke will enable the Authority to do investor outreach, retain and offer after-care strategies to an interactive online platform.
SEZs provide private firms with quality infrastructure facilities, efficient customs and fiscal incentives, and a predictable regulatory regime.
Kenya has 10 SEZs that it uses to boost the country’s competitiveness and eliminate institutional and sectoral constraints that limit value addition.
SPECIAL ECONOMIC ZONES A KEY PLANK OF KENYA’S INDUSTRIAL AGENDA
” Special Economic Zones are a key pillar of Kenya’s industrail agenda, value addition and a platform to leverage and speed up private sector investment,” said Betty Maina, CS Ministry of Industrialization, Trade and Enterprise Development.
According to Acting SEZ Authority CEO Dr Meshack Kimeu, the portal allows for real-time interaction with the Authority, avails information on opportunities and incentives available to investors, including road maps and facilities, available investment schemes and sectors, and administrative and tax incentives.
Investors can use the portal to lease land within the public SEZ parks, subscribe to news updates and the SEZ Authority bulletin, access the resource centre and make online applications through the portal.
” Strengthening investment in industrial infrastructure is key to Kenya’s growing economy. We will continue to support Kenya through the SEZs so that investors can access essential infrastructure and simplified business registration and operation,” said Amena Arif, IFC County Manager for Kenya.
This web portal has been developed with technical support from IFC’s Kenya Competitiveness Enhancement Program(KCEP).
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