The economic landscape of Kenya and the broader region has taken a significant leap forward with the formation of the Association of Special Economic Zones (ASEZ) in Kenya.
The newly established independent association aims to unify SEZ developers, operators, enterprises, investors, and service providers, promoting best practices and enhancing national and regional SEZ governance.
ASEZ, founding Chairperson, David Langat, said: “The establishment of ASEZ marks a pivotal moment for Kenya’s economic future. With the support of global and regional associations, we are dedicated to bridging policy and regulatory gaps, ensuring that our SEZs are competitive on the world stage. This is not just about economic zones; it’s about creating a prosperous future for Kenya and Africa.”
ASEZ will complement government efforts to foster a favourable business environment and attract foreign direct investments (FDIs) by collaborating with government agencies, participating in initiatives, and supporting policy enhancements.
It will advocate for global best practices aligned with UN SDGs, promote modern SEZ practices to boost job creation and skill development, conduct research to inform policies and highlight SEZs as prime investment hubs to enhance ease of doing business. This will also attract FDIs, generate employment, increase tax revenue and drive economic growth.
Tatu City SEZ, Executive Vice President and founding Vice Chairman of ASEZ, Solomon Mahinda, says: “ASEZ is a collaborative platform that brings together diverse stakeholders, all working towards the common goal of enhancing Kenya’s economic zones. This association is essential for driving innovation, attracting investment, and facilitating trade. We invite other SEZs to join us on this journey.”
In Kenya, Special Economic Zones are still in the infancy stage and therefore a structured approach to SEZ matters and specialised representation.
ASEZ members will enjoy favourable investment support and close collaboration with relevant government entities such as the Special Economic Zones Authority (SEZA), Kenya Investment Authority, and the Ministry of Trade, Investment and Industry.
Members will also access global best practices, networking opportunities, and trade facilitation. Members such as zone developers, operators, enterprises or service providers must attain the necessary licences and approvals within the SEZ ecosystem.
Globally, SEZ matters and best practices are championed by organisations such as the World Free Zones Organization (WFZO) and the Global Alliance of Special Economic Zones (GASEZ), in collaboration with the World Trade Organization (WTO), World Customs Organization (WCO), UN Trade and Development (UNCTAD), and United Nations Industrial Development Organization (UNIDO). Regionally, the Africa Economic Zones Organization is crucial in networking, advocacy, and elevating trade-related matters to regulators and stakeholders.