In a groundbreaking endeavor, Tatu City Limited, Chandaria Properties, M&T Construction, and Steel Structures have embarked on the construction of The Link, Kenya’s first Small and Medium Enterprise (SME) warehousing and logistics park, complete with Special Economic Zone (SEZ) benefits. Located within Tatu City, the country’s first operational SEZ, The Link aims to revolutionize the business landscape for SMEs in Kiambu County and beyond. With its cutting-edge infrastructure and strategic location, The Link provides a seamless platform for businesses to optimize their operations and unlock the potential of local and global markets. Let’s delve deeper into the significance of this project and how it will drive Kenya’s economic progress.
As Deputy Country Head of Rendeavour, the owner and developer of Tatu City, David Karimi, rightly puts it, The Link marks an exciting opportunity to cater to the needs of SMEs, which form a staggering 98% of businesses in Kenya. SMEs are the backbone of the nation’s economy, contributing significantly to job creation, innovation, and economic growth. Unfortunately, they often face numerous challenges, including limited access to modern facilities and logistics support, which can hinder their growth prospects.
The Special Economic Zones Authority (SEZA), led by Mr. Fredrick Muteti, recognizes the immense potential that lies in supporting SMEs. The Link at Tatu City, with its state-of-the-art warehousing facilities and mixed-use amenities, presents a game-changing opportunity for these enterprises. By streamlining policies and providing a conducive environment, SEZA aims to foster an ecosystem where domestic businesses can flourish not just within Kenya but also across the East African region and on the global stage.
The allure of The Link lies not only in its strategic location but also in the range of benefits it offers. The flexible leased modern spaces, ranging from 800 to 8,000 square meters, cater to businesses of all sizes, encouraging innovation and growth. What’s more, the SMEs at The Link can tap into the SEZ benefits, including low corporate tax, zero-rated VAT, and exemptions from import duty. Such incentives significantly reduce operational costs and create a competitive advantage for businesses that operate within its confines.
The success of any business park depends on the quality of infrastructure it offers, and Tatu City doesn’t disappoint. The Link is well-equipped with 24/7 power and water supply, high-speed fiber connectivity, and international standard roads. Additionally, security measures ensure a safe and conducive environment for businesses to thrive. These world-class amenities not only enhance operational efficiency but also attract more companies to establish their presence at The Link.
Hon. Nancy Gichung’wa, CEC Trade, Tourism, Industrialization, and Investments, Kiambu County, emphasizes the significance of The Link in contributing to Kenya’s economic progress, particularly in the Kiambu County region. With dozens of companies already operating in Tatu City, the park has proven to be a business-friendly location that attracts both local and international investors. The presence of established companies, including Kenya Wine Agencies Limited, Twiga Foods, and Grit Real Estate Income Group, adds to the allure of The Link, making it a compelling choice for businesses looking to expand their operations.
The construction of The Link at Tatu City marks a turning point for Kenya’s SMEs, offering them a transformative platform to grow, innovate, and succeed. With its SEZ benefits, world-class infrastructure, and strategic location, The Link presents an unparalleled opportunity for businesses of all sizes to thrive in the local and global markets. As this project continues to evolve, it will undoubtedly play a pivotal role in fostering economic progress not just for Kenya but also for the broader East African region. The Link is more than just a warehousing and logistics park; it is a symbol of empowerment and growth, poised to leave a lasting impact on Kenya’s economic landscape for years to come.
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