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Originally published by The Standard Business
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August 2, 2026
4h ago

Shahbal secures Sh12 Billion DP World SEZ deal

Shahbal secures Sh12 Billion DP World SEZ deal

Businessman Suleiman Shahbal secures landmark Special Economic Zone (SEZ) investment agreement with global logistics giant DP World in a project expected to transform Mombasa...

✨ Key Highlights

Businessman Suleiman Shahbal has secured a significant Sh12 billion (over $100 million) Special Economic Zone (SEZ) investment deal with global logistics firm DP World, poised to transform Mombasa into a regional industrial and logistics hub.

  • The investment is projected to create 7,972 direct jobs and has already secured participation from 67 companies.
  • Key players involved are businessman Suleiman Shahbal and DP World Africa, represented by its CEO and Managing Director Mohammed Akoojee.
  • The SEZ will be developed on a 535-acre parcel of land in Jomvu Sub-County, formerly used by the Kenya Meat Commission.

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