Audio By Vocalize Trade Cabinet Secretary Lee Kinyanjui during a tour of Mai Mahiu Special Economic Zone where 19 investors are already on the ground. [File, Standard] The government’s strategic effort to establish Special Economic Zones (SEZs) was first proposed in the 1980s but gained momentum only in the 1990s. The strategic shift was meant to promote industrialisation and attract investment. The Export Processing Zones (EPZs) were designed to attract foreign investors through tax holidays, reduced customs duties, and incentives for exporting goods. However, the success of EPZs was limited due to policy inconsistencies, infrastructure deficits, and bureaucratic challenges. This saw…
