The Association of Special Economic Zones (ASEZ) has been officially launched, with a strong mandate to drive the future of Special Economic Zones (SEZs) in Kenya and attract both local and foreign investment.
The launch marks a critical milestone for Kenya’s industrial sector as it aims to boost economic growth, create jobs, and position Kenya as a top destination for global investors.
The association brings together SEZ developers, operators, investors, and service providers, creating a unified voice to advocate for better policies, streamlined regulations, and infrastructure improvements.
Economic agenda
Abubakar Hassan Abubakar, Principal Secretary, State department for Investment Promotion, said the launch of ASEZ is not just a milestone for the association but a major leap for Kenya. He noted that SEZs are a central pillar in the government’s economic agenda, and are viewed as champions of Kenya’s journey towards becoming a globally competitive investment hub.
“President Ruto’s vision for this nation is deeply rooted in industrialisation, job creation, and economic growth. We are committed to ensuring SEZs receive the full backing of the government,” noted Hassan during the launch event that was also graced by industry players in various sectors.
He emphasised the importance of the association in shaping the future of SEZs in Kenya. David Langat, Chairman of ASEZ, stated that manufacturing sector is the backbone of Kenya’s industrial growth and has a ripple effect across the economy as it facilitates creation of jobs for the youth and positions Kenya as a regional powerhouse.
He noted that the new formation aims to strengthen the sector and build on its potential to deliver long-term, sustainable growth.
