Work on Mombasa Special Economic Zone to set to begin

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After inviting bidders to carry out the project’s implementation, the long-awaited construction of the Mombasa Special Economic Zone is soon to commence.

The Kenya Ports Authority recently revealed an international tender totaling KES 32.4 billion. The tender will be funded by a loan from the Japan International Cooperation Agency (JICA).

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The loan was signed on February 27, 2020, by the Government of the Republic of Kenya. This is according to the Kenya ports authority.

In accordance with the terms of the contract, the main contractors have to be of Japanese nationality. Additionally, the subcontractors, in this case, have to be from any country or area.

If the prime contractor is a joint effort, such a joint venture will be eligible given that the lead partner is Japanese. The other partners are Japanese and/or from the Republic of Kenya. Also, the total amount of work contributed by Japanese partners in the joint venture surpasses fifty percent of the value of the contract.

The completion of the Mombasa Special Economic Zone

This initiative is scheduled to be completed by 2026. The project will include the establishment of a free trade zone, a free port, a logistics hub, as well as a mega industrial zone. It is expected that major players and regional countries that are using Mombasa port will be allotted parcels of land. These pieces of land will be used to set up key depots.

The Democratic Republic of the Congo, South Sudan, Uganda, Rwanda, Burundi, and other landlocked countries in East Africa are all dependent on the port of Mombasa.

The project is boosted by the updated draft of Special Economic Zones regulations (2019). The regulations provide incentives to companies that operate in the zone. It is said that the project is a part of Kenya’s industrialization plan, which spans 10 years.

1 thought on “Work on Mombasa Special Economic Zone to set to begin”

  1. I need to work under the project as a casual worker so that i can benefit as employee and feed myself and my family

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