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The Ministry of Industry, Trade and Cooperatives will now embark on operationalization of the Special Economic Zones Act following the publication of the SEZ regulations.
Speaking on publication of the regulations, Cabinet Secretary Adan Mohamed said that the regulations give the legal framework of establishment of the regulatory framework to guide in the development, operation and management of the Special Economic Zones in the country.
“It’s in the interest of government and the private sector to move with speed to establish the Special Economic Zones which will be a critical driver in the attraction of investments in manufacturing, trade, logistics and services,” said Mr. Mohamed.
As one of the flagship projects under the economic pillar of Kenya’s Vision 2030, the SEZ Act reaffirms to investors that Kenya on the path towards achieving vision 2030 and its industrial transformation agenda.