Two Rivers Land has been Officially Gazetted as a Private Services-Focused Special Economic Zone, Driving Job Creation and Economic Growth.
The Two Rivers International Finance and Innovation Centre (TRIFIC) seeks to generate substantial export earnings and invigorate Kenya’s service sector, which already contributes 55 per cent to the country’s GDP and employs nearly 40 per cent of the workforce.
Nairobi, Kenya, 20 June 2023 – Centum Investment Company has today announced the establishment of the Two Rivers International Finance and Innovation Centre (TRIFIC). This follows the gazettement of the Two Rivers land as a private services-focused special economic zone (SEZ). It marks a significant milestone in the development of Kenya’s economic landscape and a boost for Africa’s global investment profile.
As Kenya continues to leverage its deep pool of highly competent human capital, attractive fiscal regime, cosmopolitan environment, and advanced digital infrastructure, it is in a strong position to offer a dynamic and prosperous destination for investment, innovation, and growth. Companies exploring expansion opportunities will find an ideal ecosystem in Kenya, where talent, supportive policies, and advanced technologies converge to drive sustainable success.
With a growing young population, the Two Rivers International Finance and Innovation Centre is an international-calibre urban node with world-class infrastructure, facilities and a strategic location. It aims to position Kenya as a hub for global investment and job creation by providing a world-class ecosystem where enterprises seeking to access the global and regional services market can locate themselves and benefit from the fiscal and enterprise facilitation incentives available to SEZ enterprises.
Spanning over 64 acres within Nairobi’s prestigious diplomatic blue zone, TRIFIC becomes the first-ever privately-owned business services SEZ in Kenya, offering new and exciting prospects for global, regional and Kenyan service-oriented business enterprises seeking a base to access international markets competitively.
The SEZ designation grants businesses within the Two Rivers International Finance and Innovation Centre access to a wide array of incentives available under the Special Economic Zone regime. The business-friendly enabling policies and facilitation services policies provide a competitive advantage for companies to stimulate investment, innovation, and growth. By harnessing the potential of the SEZ, TRIFIC is paving the way for the establishment of businesses that will contribute significantly to job creation and propel socio-economic development in Kenya.