By Ronald Owili
Tatu City has broken ground on its 420 acre site which will host the Light Industrial and Logistic firms.
Already a number of firms have purchased land on the area among them Bidco Oil Refineries, Unilever East Africa and Dormans Coffee Group.
Speaking during the ground breaking ceremony Industrialization Cabinet Secretary Adan Mohamed said the government will continue formulating incentives for investors in the manufacturing sector to boost the country’s export volumes.
Despite the squabbles that continue to play out at the courts involving majority and minority shareholders at the 240 billion shillings Tatu City, the development of the 20 year project are on course, at least according to the recent announcements by firms on relocating to the future city.
Speaking during the ceremony Industrialization CS Adan Mohammed said the government will continue to provide necessary infrastructure needed to support the city as part of Nairobi Metro 2030 Strategy.
Manufacturers have been eying the space at the city for expansion, assembly and warehouse and logistic uses.
Bidco already announced acquisition of 78 acre piece of land at the city, while Dormans Coffe Group broke ground on its 10 acre piece to host its headquarters others are consumer goods manufacturers Kim-Fay which acquired 10 acre piece of land at Ksh 230 million shillings, while Unilever EA acquired 70 acres valued at Ksh 1.6 billion.
Adan adds with such projects, increased incentives will see the country expand its export volumes.
The ceremony also attended by representatives of the U.S., Norwegian, British and Australian embassies in Kenya.