Mombasa: DP World is expanding its investment in Kenya through the development of the Mombasa Industrial Park, a Special Economic Zone (SEZ) that will strengthen the country's position as a regional trade and logistics gateway. The move is aimed at addressing the growing demand for modern industrial and logistics infrastructure in East Africa.

According to Emirates News Agency, DP World signed an agreement with GulfCap Africa, a Kenya-based investment and development group founded by Suleiman Shahbal, to develop the project. The industrial park will be developed over phases, spanning 222 hectares, and will be strategically located less than 20 kilometers from the Port of Mombasa. This location will provide businesses with efficient access to regional and international markets, with the first phase covering 40 hectares.

Yuvraj Narayan, Group CEO of DP World, emphasized the importance of Kenya as a market for DP World, highlighting its role as a key gateway for trade across East Africa. The Mombasa Industrial Park is part of DP World's commitment to investing in integrated trade infrastructure that connects ports, logistics, and industrial ecosystems. Narayan stated that by creating an environment for businesses to manufacture, distribute, and access global markets more efficiently, the project will unlock new opportunities for trade, investment, and sustainable economic growth.

Mohammed Akoojee, CEO and Managing Director for Africa at DP World, added that the project will strengthen regional trade and supply chain connectivity. It is also expected to create thousands of employment opportunities, attract new investment, and contribute significantly to Kenya's socio-economic development.