THE NAIROBI FINANCIAL DISTRICT
Summary
The Nairobi Financial District development, spearheaded by the Special Economic Zone Authority and facilitated by the Kenya Investment Authority, boasts an estimated investment cost of USD 480,766,176, with Kenya Development Corporation as the anchor investor. Envisioned as a Public-Private Partnership, the project spans 400 acres in Kiambu County, strategically located near Nairobi CBD, the Nairobi Expressway, JKIA, and the Standard Gauge Railway. The initiative aims to create a world-class financial business district, featuring excellent transport infrastructure, reliable utilities, and over 50,000 residential units. Positioned to become Africa's top 3 transactional hub, the district promotes face-to-face interactions, innovation, and increased deal-making opportunities. With a holistic "work, live, and play" concept, the development enhances Kenya's attractiveness as a financial services hub. Noteworthy benefits include state-of-the-art information and communication technology infrastructure, coupled with substantial tax and fee exemptions, fostering a conducive environment for leading companies and improving overall business competitiveness. Local government fee exemptions further contribute to the project's appeal, making it a transformative initiative for Kenya's economic landscape.
Money Banking and Finance
Money Banking and Finance
Loan
480000000
USD
Feasibility study
Kiambu
organisation
Special Economic Zone Authority (SEZA)
Nairobi
Nairobi
0730104413
projects@invest.go.ke
https://sezauthority.go.ke/
Public
contact
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