With new investments in manufacturing, logistics, and green technology changing Kenya’s business environment, Special Economic Zones (SEZs) are quickly becoming the primary forces behind the country’s industrial expansion.
According to the study, Kenya’s industrial economy is transitioning from a tale of promise to real, project-driven growth.
Notably, industries including electric cars, solar technology, and logistics are becoming more and more popular among investors.
According to the studies, “policy execution, combined with massive private investment, has positioned Special Economic Zones as the epicenters of growth.”
It further states that as prime serviced industrial land in key areas becomes more and more scarce, demand is shifting toward specialized build-to-suit buildings.
The real estate consultant observes that, because to the growth of e-commerce, SEZs, and increasing trade corridors, the industrial and logistics sector has emerged as Africa’s best-performing real estate asset class.
Demand for contemporary warehousing is still exceeding supply in nations like Kenya, Tanzania, Zambia, and Morocco, particularly for Grade A facilities.
The continent’s industrial expansion is also being accelerated by infrastructure improvements.
