Kenya’s Ministry of Investments, Trade, and Industry has designated Olkaria in Naivasha as a Special Economic Zone (SEZ), aiming to establish the nation as an industrial leader in the region by utilizing its abundant geothermal energy.
Speaking on the designation, KenGen Managing Director and CEO, Eng. Peter Njenga said, “This declaration cements Kenya’s commitment to industrialization, job creation, and sustainability. Olkaria’s abundant geothermal energy makes it an ideal location for industries looking for reliable, low-cost, and green power.
Through a package of incentives, including tax exemptions, infrastructure support, and low-cost geothermal power, the SEZ intends to become a magnet for investors seeking sustainable and economical business opportunities. It is home to KenGen’s Green Energy Park, which is designed to attract manufacturers, technology companies, and energy-intensive industries.
KenGen anticipates that the Green Energy Park will draw industries like agro-processing, textile manufacturing, electric mobility production, and data centers.
Located near key transport arteries like the SGR and the Nairobi-Mombasa Highway, the 8,292-acre Olkaria SEZ facilitates easy market access, making it a good destination for industrial investment and clean energy manufacturing.
