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Browsing: Knight Frank Kenya
The increasing emergence of modern logistic parks in Kenya has been mainly attributed to favorable tax laws, increased e-commerce, intra-regional trade, and growth across various sectors, including manufacturing, retail, and health.
This is according to a new report by Knight Frank which indicates that a couple of logistic projects commenced during the first half of the year.
For example in February, a beverage manufacturer and distributor Kenya Wine Agencies Limited (KWAL) broke ground on its Sh4 billion manufacturing plant located in Tatu Industrial Park in Ruiru.
In June Packaging products manufacturer Super Plastics announced plans to open a manufacturing facility in Tatu Industrial Park.
Africa Logistics Properties (ALP) broke ground in June on phases two, three, and four of its 1,076,390 sq. ft modern warehousing complex located in Tilisi Logistics Park in Limuru.
The Sh1 billion project is expected to be completed in the second half of 2022, Phase one …