Centum Investment Company has established Two Rivers International Finance and Innovation Centre (TRIFIC) in a bid to attract investors.
This follows the gazettement of the Two Rivers land as a private Special Economic Zone (SEZ).
Spanning over 64 acres within Nairobi's diplomatic blue zone, TRIFIC becomes the first privately owned business services SEZ in Kenya.
According to Centum, Kenya’s advanced digital infrastructure is in a strong position to offer a dynamic and prosperous destination for investment, innovation, and growth.
Centum CEO James Mworia, described the gazettement is a game-changer for Kenya.
“TRIFIC will serve as a magnet for global investment, capitalising on Kenya's exceptional human capital resources and advanced digital infrastructure by leveraging the deep pool of high-quality human capital, and attractive incentives,” said Mworia
The gazettement aims to position Kenya as a hub for global investment and job creation by providing a world-class ecosystem where enterprises seeking to access the global and regional services market can locate themselves.
Mworia said this significant milestone not only solidifies Kenya's position as a hub for global investment but a global talent hub that generates a multitude of employment opportunities.
The designation grants businesses within the area a wide array of incentives available under the Special Economic Zone regime.
“We have the potential to develop a further 1.2 Million square meters of development within TRIFIC which can accommodate thousands of enterprises and we will shortly commence the development of a world-class convention centre, a five-star hotel and a hospital,” said James Mworia.
