Murang’a Governor Irungu Kang’ata the brain behind the Industrial Park
The Mountain Journal
editor@themountainjournal.co.ke
Investors interested in setting up business ventures with the Murang’a Industrial Park have until January 12, to lodge applications after the completion of the surveying works.
The successful applicants will be granted a 30 year lease in the industrial park that would be registered under the Special Economic Zone Authority (SEZA) to enable the investor benefit with incentives such relief
The county government advertised the sites for commercial, recreational, affordable housing, Bus park, ICT hub, Infrastructure path among others investors have been invited to visit the land for application.
In the past three months, hundreds of investors from China, India, France and US have visited the proposed Delmonte land eying to invest in setting up industries.
In the land the county government hopes to collect billions of shillings from the reserve price per acre of land and annual rent in measures to fast track job creation and employment opportunities.
Investors interested in the land reserved for the EPZ application opportunities the county government will recommend to the Export Processing Zone (EPZ).
Also the Sh 1 billion Gikono Land Fill project has been advertised to the willing investors for the waste recycling.
In the commercial land, the investors will pay Sh 6.4 million per acre for a reserve price followed by Sh 1.28 million for an annual rent.
In the EPZ land category , the inventors will pay Sh 7 million per acre and annual rent of Sh 1.4 million.
Proceeds from the renting of the land will facilitate the devolved unit construct roads, expand health care among other community based programmes.
Trade and Investment CEC Kimani Mugo says the ground is set for the county government to open the land for the investors.
“It is the vision of Governor Irungu Kang’ata and the members of the Budget Council and Economic Council to invite the investors who will set up the Industrial Park,” said Kimani.
In September, Kang’ata led a high profile delegation flew to China and met investors eager to set up industries within the Delmonte land focusing at creating job opportunities and creating employment slots.
The Investment Conference was held on June 13 and June 14 at Thika Green Exclusive Golf Course.
