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Kenya Launches Web Portal to Boost Private Sector Competitiveness

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 1 September 2021.

On September 1, 2021, the Ministry of Industrialization, Trade and Enterprise Development and the Special Economic Zones (SEZ) Authority launched a web portal to support investor outreach, retention, and after-care strategies.

The interactive online platform provides access to key information such as investment opportunities and incentives, investor road maps and facilities, as well as administrative and tax incentives.

Kenya has approximately 10 Special Economic Zones, which offer regulatory and administrative predictability, quality industrial infrastructure, and market access, thereby boosting the private sector's competitiveness.

Speaking during the launch, Hon. Betty Maina, the Cabinet Secretary in the Ministry of Industrialization, Trade and Enterprise Development, emphasized the importance of Special Economic Zones in Kenya's industrialization agenda, value addition, and private sector investment.

The SEZ Authority web portal was developed with the help of the International Finance Corporation (IFC), which offered technical support. The portal will be regularly updated with statistics and analysis reports on the country's socio-economic development and an investor's roadmap with data on starting a business in Kenya.

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