Work Starts On The Link At Kenya’s Tatu City
The Link will provide warehousing for SMEs.
Contractors have commenced work on The Link warehousing and logistics park at Tatu City in Kiambu county, Kenya.
The city’s owner and developer Rendeavour appointed Malaysia’s M&T Construction and the local Chandaria Properties and Steel Structures to construct the logistics park.
According to Rendeavour, Tatu City is Kenya’s first operational special economic zone (SEZ).
The Link is intended to support small and medium enterprises (SMEs), which constitute 98% of businesses in Kenya. It will offer SMEs leased spaces ranging from 800 to 8,000 square metres, as well as SEZ benefits such as low corporate taxes, zero-rated VAT, exemptions from import duties and utility services, and high-speed internet.
Tatu City Limited, Chandaria Properties, M&T Construction and Steel Structures have commenced the construction of The Link, Kenya’s first Small and Medium Enterprise (SME) warehousing and logistics park with Special Economic Zone (SEZ) benefits, located in Tatu City, the… pic.twitter.com/RV8CxIcEd7— Tatu City (@Tatu_City) July 25, 2023
Tatu City is being developed under Kenya’s Vision 2030, which aims to transform the country into a middle-income economy. Spread across 5,000 acres, it is a mixed-use development featuring homes, schools, offices, a shopping district, clinics, nature areas, a sport and entertainment complex, and manufacturing areas.
Upon completion, it is expected to be home to 250,000 residents. More than 3,000 homes and apartments are occupied or under construction in the city’s Unity Homes and Kijani Ridge neighbourhoods.
Backed by American, Norwegian, British and New Zealand investors, the total value of the Tatu City project is expected to exceed Ksh200 billion (US$1.4 billion).
Kiambu is Kenya’s second-richest county, with a 5.9% share of the country’s GDP, according to a Kenya National Bureau of Statistics listing published in May.
Tatu City is located on land once owned by Socfinaf, a Belgium-owned rubber and coffee company.
Photo: Ground-breaking at The Link (Source: Rendeavour)