Kenya to launch trade centres
Fri, 19 Dec 2008 10:21
By TradeInvestKenya Staff



The government plans to introduce new trade centres countrywide to boost the flow of investments.
Special Economic Zones (SEZs) will be established in areas that have high potential for economic growth. Mombasa, Kisumu and Eldoret will gain new stature as key investment centres.

The Information Ministry says the move is aimed at diversifying and decongesting the capital Nairobi.

SEZs are geographical regions which typically enjoy more liberal economic laws and are usually established to attract foreign investment.

Economic zones can include a wide range of categories, such as export processing zones (EPZs). Kenya has 52 EPZs, two of which are owned by the government.

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