T
Originally published by The Standard Business
📰 Read Full Article
September 9, 2026
2h ago

How DP World SEZ deal will boost Mombasa's economy

How DP World SEZ deal will boost Mombasa's economy

Mombasa's Special Economic Zone (SEZ)  is expected the port city’s economy, adversely affected by state policies, including the introduction of the Standard Gauge Railway..

✨ Key Highlights

President William Ruto has presided over the signing of a deal to develop a 535-acre Special Economic Zone (SEZ) in Jomvu, Mombasa, a project valued at approximately sh12 billion (over US$100 million).

  • The SEZ is projected to create between 8,000 to 10,000 direct jobs in its first phase, with 67 companies already expressing interest.
  • Key players involved include DP World Africa, GulfCap Group (through Mombasa Free Zone Limited), and the County Government of Mombasa.
  • This initiative aims to transform Mombasa from a transit port into a manufacturing and export hub, boosting its economy which has been affected by past state policies.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article
Advertisement
Advertisement