More than 70 companies have opened businesses in Tatu City, in Kiambu County, boosting economic growth in the area.
According to Tatu City Country Head Preston Mendenhall, the companies range from Kenyan Champion brands to E-commerce brands, Extreme large scale and Real Disruptive brands.
He listed a number of the businesses, including Cooper, Kopier, and Twiga Foods.
He claimed that great strides had been made towards bringing more leading Kenyan businesses, fresh competitors, and foreign direct investments to the city.
“We have dozens of companies set to come into Tatu in the coming months. It’s now for investors and those wishing to own homes to make a move,” he said.
In order to draw in further investment, Mendenhall also disclosed that Kes20 billion had been spent on infrastructure development in the region.
In regions designated for estates and industry, he claimed, the money was used to build many kilometres of pavement, as well as sewers, water, underground power lines, and ICT cable.
He gave the example of Kijani Ridge, one of the most prestigious residential developments, and claimed that it had infrastructural development projects totalling Kes1 billion.
“We have completed 6km of tarmacked roads, 12 km of footpaths, 5 km of underground piped storm water network, 5 km of water supply pipeline, 2.7 km of sewer lines, 12km of fiber optic cabling, and 9.5km of 11kV medium voltage underground power lines,” he said.
He praised the government's assistance with infrastructure development and investor connections but said that they anticipated greater growth in investments in the months ahead, which would fuel the nation's economic expansion.
In order to help them develop their investments, he continued, they are willing to collaborate with county governments.
“We have been partnering with Konza City to enhance investments. We shall also partner with other economic zones that will come up,” he said.
On his part, the mixed-use development economic zone Head of Sales David Karimi said they have more than 3,000 investors who have constructed homes at their premier residential projects of Kijani Ridge, Homes and Lifestyle Heights zones.
He added that from the 650 plots at the residential projects, already 550 have been sold and the construction of 200 housing units is at an advanced stage.
Almost 250,000 people live in Tatu City, which is expanding over 5,000 acres with mixed-use developments that include residences, schools, offices, medical facilities, nature parks, sports and entertainment complexes, and manufacturing for 30,000-day visitors in addition to its residential population.
