Naivasha Special Economic Zone Fuels Transformation of Maai Mahiu, Kenya
Maai Mahiu is experiencing a major transformation due to the Naivasha Special Economic Zone (SEZ), a multi-billion-shilling initiative by the Kenyan government aimed at establishing the country as a key industrial hub in East Africa. With over 20 investors committing more than Sh100 billion, including notable companies like TAD Motors and a Sh650 million potato processing plant, the SEZ is projected to create over 100,000 jobs and enhance foreign currency earnings through exports. Additionally, partnerships with UAE's G42 and Microsoft for a geothermal-powered data center further highlight the SEZ's potential for economic growth.
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Maai Mahiu is undergoing a significant transformation due to the nearby Naivasha Special Economic Zone (SEZ), a multi-billion-shilling project initiated by the Kenyan government. Funded by Sh20 billion from the African Export-Import Bank, the SEZ aims to establish Kenya as a major industrial hub in East Africa.
Its location near transport infrastructure positions it as a trade gateway. Over 20 investors have committed to investing more than Sh100 billion, with 11 investors already allocated land. Notable companies include TAD Motors Electric Vehicle Assembly and a Sh650 million potato processing plant.
Kenya has also partnered with UAE's G42 and Microsoft for a geothermal-powered data centre within the SEZ. Additional investments include a Japanese firm's Sh13 billion steam energy project and a Turkish SEZ Limited's USD 760 million investment. The SEZ is expected to create over 100,000 jobs and generate significant foreign currency earnings through exports.
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