Trade

CS Salim Mvurya Issues Warning to Investors Hoarding Licenses in Special Economic Zones

CS Salim Mvurya Issues Warning to Investors Hoarding Licenses in Special Economic Zones

Cabinet Secretary for Investments, Trade, and Industry Salim Mvurya, today delivered a strong message to investors hoarding licenses within Kenya’s Special Economic Zones (SEZs). Speaking during the laying of the foundation stone for the Crystal Frozen and Chilled Foods Limited SEZ in Naivasha, CS Mvurya emphasized the government's firm stance on ensuring timely investment and development within these zones. CS Mvurya warned that investors who fail to commence operations within one year of receiving their licenses will face the revocation of those licenses. He directed the Special Economic Zones Authority to enforce this mandate, making it clear that investors must…
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