Dubai-based DP World has announced significant investments in Kenya with the establishment of the Mombasa Industrial Park, a special economic zone designed to bolster Kenya’s position as a regional hub for trade and logistics. This initiative aims to address the growing demand for modern industrial and logistical infrastructure in East Africa.
Strategic Partnership and Site Development
DP World has signed an agreement with Gulf Cap Africa, a Kenya-based investment and development group, for the phased development of the industrial park, which will span 222 hectares. The park is strategically located less than 20 kilometres from the Port of Mombasa, facilitating easy access for businesses to both regional and international markets. The first phase of the industrial park will cover an area of 40 hectares and will be contingent upon meeting specified conditions and completing formal signing procedures.
Commitment to Growth and Economic Integration
Yuvraj Narain, CEO of DP World, stated, “Kenya is a crucial market for DP World and a key gateway for trade in East Africa. The development of the Mombasa Industrial Park reflects our commitment to investing in integrated commercial infrastructure that connects ports, logistics services, and industrial systems.” He added that by creating an environment that enables companies to manufacture, distribute, and efficiently access global markets, DP World is contributing to opening new avenues for trade, investment, and sustainable economic growth.
Boosting Trade and Job Creation
Mohamed Akouji, CEO and Managing Director of DP World Africa, remarked, “The development of the Mombasa Industrial Park enhances Kenya’s status as a leading trade and logistics centre in East Africa.” He noted that the project will strengthen regional trade, improve supply chain connectivity, create thousands of jobs, attract new investments, and effectively contribute to the social and economic development of Kenya.
Strategic Market Positioning
Kenya represents a strategic market for DP World, boasting a robust logistical presence and extensive market access. With its global expertise in developing and operating integrated logistical systems and special economic zones, DP World is well-positioned to support the creation of world-class industrial infrastructure that strengthens trade, improves market access, and fosters long-term sustainable economic growth.