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HomeDaily NewsWednesday, June 10, 2026Olkaria Green Energy Park Secures Customs Status, Unlocking Investor Tax Incentives - June 2026
Business & Economy3 stories from 1 sources

Olkaria Green Energy Park Secures Customs Status, Unlocking Investor Tax Incentives - June 2026

The Olkaria Green Energy Park in Kenya has officially been designated a Customs Controlled Area, unlocking significant tax and customs incentives for investors. In a separate development, Car & General has launched a new LPG-powered Piaggio Ape NXT+ LPG three-wheeler in Kenya, offering a potentially cost-effective and environmentally friendly transport solution for operators. Parliament's Departmental Committee on Blue Economy, Water and Irrigation is also pushing for the termination and blacklisting of contractors due to significant delays in key water and sanitation projects across Kenya.

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Wednesday 11:00 AMCapital Business

Olkaria Green Energy Park secures customs status, unlocking investor tax incentives

Olkaria Green Energy Park secures customs status, unlocking investor tax incentives

The Olkaria Green Energy Park in Kenya has officially been designated a Customs Controlled Area, unlocking significant tax and customs incentives for investors.

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Key Highlights

The Olkaria Green Energy Park in Kenya has officially been designated a Customs Controlled Area, unlocking significant tax and customs incentives for investors.

  • This designation activates benefits under the Special Economic Zones (SEZ) Act, 2015.
  • The key organization involved is KenGen Energy Services (SEZ) Limited, led by its Managing Director and Chief Executive Officer Eng. Peter Njenga.
  • The park aims to attract industries seeking sustainable, renewable energy-powered production environments and has already secured five investors in sectors like data centers and green fertilizer production.
Wednesday 7:45 AMCapital BusinessFirst

Parliament pushes for blacklisting of delayed water project contractors

Parliament pushes for blacklisting of delayed water project contractors

Parliament's Departmental Committee on Blue Economy, Water and Irrigation is pushing for the termination and blacklisting of contractors due to significant delays in key water and sanitation projects across Kenya.

Read Story
Wednesday 8:40 AMCapital Business

Car & General unveils LPG tuk-tuk to cut fuel costs, emissions

Car & General unveils LPG tuk-tuk to cut fuel costs, emissions

Car & General has launched a new LPG-powered Piaggio Ape NXT+ LPG three-wheeler in Kenya, offering a potentially cost-effective and environmentally friendly transport solution for operators.

Read Story

Key Highlights

Car & General has launched a new LPG-powered Piaggio Ape NXT+ LPG three-wheeler in Kenya, offering a potentially cost-effective and environmentally friendly transport solution for operators.

  • Estimated fuel savings of more than 30 percent compared to petrol-powered alternatives.
  • The launch was officiated by Car & General Chief Executive Officer Vijay Gidoomal and Kenya Association of Manufacturers (KAM) Chief Executive Officer Tobias Alando.
  • The vehicle aims to reduce operating expenses, lower emissions, and decrease noise pollution, though initial adoption may be hindered by limited LPG refuelling infrastructure.
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Key Highlights

Parliament's Departmental Committee on Blue Economy, Water and Irrigation is pushing for the termination and blacklisting of contractors due to significant delays in key water and sanitation projects across Kenya.

  • A total of Sh45.5 billion is allocated to the Kenya Towns Sustainable Water Supply and Sanitation Programme, which covers 58 towns and 61 projects.
  • The committee met with the State Department for Water and Sanitation, represented by Principal Secretary Julius Korir.
  • Concerns include contractor underperformance, governance challenges, litigation, and rising construction costs, with some contractors already removed due to inadequate capacity.