The government intends to invest more than Sh 128 billion in the Dongo Kundu and Naivasha special economic zones projects In a lease agreement inked between the African Export-Import Bank (Afreximbank), the Kenya Ports Authority, and the Special Economic Zone Authority the Sh128.5 billion project is expected to bolster the country's industrialization and export manufacturing agenda when completed.
President Dr William Ruto and several top government officials, including cabinet secretaries, graced the signing ceremony in Mombasa.
The multibillion project expected to position the country as a regional export powerhouse and industrial hub is projected to create at least 40,000 jobs in Dongo Kundu and 100,000 jobs in Naivasha, respectively.
Afreximbank President Prof.
