Kenya is fast-tracking the establishment of three special economic zones (SEZs) in Kisumu, Mombasa and Lamu.

About 2,000 sq km of land has already been set aside in Mombasa, Lamu and the Kisumu for the project.

Government estimates the zones to be ready for investors in two to three years.

The SEZs are expected to boost the country’s industrial output that has been experiencing steady growth in recent years.

In addition to providing land, tax holidays, duty-free imports and waivers on value-added tax to potential clients, the Government is hoping the zones will directly create 10 million jobs over the next 30 years.

Source: Standard Digital