PR92621

TATU CITY, Kenya, October 27, 2021 /PRNewswire=KYODO JBN/ -

    Tatu City, the first operational Special Economic Zone in Kenya, has been

recognised by fDi Intelligence’s Free Zones Awards 2021. The 5,000-acre,

rapidly growing new city on Nairobi’s doorstep won in the category of Large

Tenants and received an honourable mention for its workforce training for the

local community.

    fDi Intelligence, a Financial Times service, assembled six independent

judges to assess “the best free zones in the world,” according to Alex

Irwin-Hunt, Global Markets Editor, fDi Intelligence.

    Currently at Tatu City Special Economic Zone (SEZ), more than 60 local,

regional and multi-national businesses have opened or started development.

These include industry leaders such as Dormans, Cooper K-Brands, KWAL

(Distell), Cold Solutions, Friendship Group, Chandaria Industries, Kim-Fay,

Davis & Shirtliff, Copia, FFS, Twiga Foods and Stecol, among others.

    Residential developments at Tatu City include Unity Homes

[https://unityhomes.co.ke/], Lifestyle Heights

[https://www.lifestyleestates.co.ke/projects] and Kijani Ridge

[https://www.tatucity.com/now-selling/kijani-ridge/]. More than 5,000 homes are

completed or under construction and Crawford International and Nova Pioneer

[https://www.novapioneer.com/kenya/tatucity-primary/] schools educate more than

3,000 students daily.

    Current development at Tatu City SEZ is valued at more than USD 1.2

billion. Tatu City is owned and developed by Rendeavour, the largest new city

builder in Africa, whose shareholders are from the United States, New Zealand,

Norway and United Kingdom. Rendeavour is building seven cities in Kenya,

Nigeria, Ghana, Zambia and Democratic Republic of the Congo.

    In Nigeria, more than 40 companies have established at Alaro City since

Rendeavour and the Lagos State Government launched the project just over two

years ago. In Lubumbashi, DRC, Rendeavour’s Kiswishi development is the

country’s first private SEZ.

    In Kenya, Tatu City SEZ was also recognised for its pioneering work with

the local community at the new city development. Rendeavour and Tatu City have

provided free skills training to over 1,000 members of the local community and

serve 1,400 meals to local primary schools each day.

    “This is really an example of how free zones are much more than just

investment destinations,” said Irwin-Hunt of fDi. “Free zones are not only

centres of production and economic activity. They also play an important role

in local communities.”

    Contact:

sales@tatucity.com

+254 20 513 1000

    Photo:

https://mma.prnewswire.com/media/1671342/Tatu_City_Special_Economic_Zone.jpg

    Photo: https://mma.prnewswire.com/media/1671341/fDi_Award.jpg

    Source: Tatu City