Tatu Industrial Park attracts 40 firms investing Sh50b

October 23, 2018 (4 weeks ago)
Shares
The companies are spread across diverse sectors, including energy, light manufacturing, assembly and distribution, warehousing, FMCG, agri-industry, F&B and construction.

, NAIROBI, Kenya, Oct 23 – Over 40 companies have taken up the first phase of Tatu Industrial Park representing over Sh50 billion in investments.

The developers of the industrial park, Randevour, said 80 percent of the first phase of 454 acres has been sold to investors.

Rendevour Country Manager, Nick Langford, added that Tatu Industrial Park will create 18,000 construction jobs and over 24,000 permanent jobs.

“Multinational, regional and local companies are set to invest over Sh200 billion in state-of-the-art industrial facilities when Tatu Industrial Park is complete,” Langford said.

The companies are spread across diverse sectors, including energy, light manufacturing, assembly and distribution, warehousing, FMCG, agri-industry, F&B and construction.

Some of the local and international companies who have taken up space includes Dormans, Kim-Fay, Unilever, Chandaria Industries, Africa Logistics Properties and Freight Forwarder Solutions.

Others include Stecol, Davis &Shirtliff, Pharma Medical, Hunkey Energy, Tianlong, Gallagher Security Systems, Rhodium Steel, Monwalk Investments, Keppel Industries,Kifaru, Agro Solutions, Transport and Lifting Services, Jilk Construction, Wonderpac Industries, Selenite/Friendship Group, Cooper K Brands and Premier Motors.

“More than 50 percent of the roads in Tatu Industrial Park are now completed to asphalt standard. This, combined with the convenient location, make Tatu City an unparalleled destination for business,” said Dean Shillaw, Head of Commercial Sales for Tatu City.

Latest Articles

Business Podcasts

Live prices

Stock Market

Most Viewed