Smart Town Present Outstanding Investment Opportunities In Laikipia

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Investment in Laikipia county will continue to scale up as transformative projects of smart town are realized. The County Government of Laikipia has been making elaborate plans and strategic makeovers of major trading centers to attract more investment in the county.

  

The idea is to make Laikipia a preferred investment destination by making available opportunities for the growth of entrepreneurial activities. The towns will have all the necessary amenities from water, sewerage, high-speed fiber network and friendly environment.

  

This will make them attractive for investors looking to make a killing by investing in areas of a high return on their investment.

  

All county department has come together to ensure all-around smart towns that ensure that every detailed plan for the towns is implemented.

  

The county is also engaging smart town managers to ensure that investors are well guided in areas of their interest. They will be at the forefront of creating an enabling and friendly environment for investors.

  

In a journey to industrialize Laikipia through manufacturing and mining, the smart town will play a crucial and a critical role of offering the necessary support system for investors.

  

The establishment of department innovation and enterprise development is expected to support various SMEs in the county to realize their manufacturing capacity and contribute to the growth of the local economy.

  

The presence of a strong entrepreneurial and innovative environment is propelling interest from afar and county government is moving in to create the necessary condition for investors.

  

With well-established infrastructure in the county, it will be a matter of time before investors start streaming to Laikipia.

  

A look into OlJabet town which is currently 80% complete brings a different picture of the changes that await other upcoming smart towns. A total makeover, well-planned streets, and improved accessibility will be implemented to entice investors.

  

The expected outcomes of the projects are increased incomes for local residents, more employment opportunities , and a strong economy that offers the best living standards for the people.

  

Why invest in Laikipia

  

According to Laikipia County Development Authority, these are the reasons investors are interested to invest in the county:

  

  • Strategic location on either side of the Nyahururu-Maralal road offering market access either to Maralal for inputs and Nairobi for outputs hassle-free.
  • In Laikipia county one of the few counties recording great economic performance at the GCP growth rate of 8.6% above the national average at 5.5% the micro economy is expected to grow to 4oo B in the medium term.
  • Highly skilled human resource for both white and blue-collar jobs. Laikipia is the home to 10 Vocational and Training Centers (VTCs), a public university and has close collaboration with Dedan Kimathi university which churn out highly skilled graduates who can work in any manufacturing industries set up in the smart town.
  • Laikipia is a member of the Central Region Economic Block (CEREB) which boasts of a market of close to 10 million potential customers. CEREB is currently contributing over 26% of the national GDP.
  • Laikipia is at the center of Kenya and a key connection to the LAPPSET corridor route through Isiolo to Ethiopia and Lamu.
  • infrastructure: The rail connection from Nairobi to Nanyuki has been revived, while the Nairobi - Nyahururu railway line's revival is ongoing. The leasing program by the county has made most roads all-weather and easily motorable, has 36 airstrips. The Nanyuki airport is getting expanded.
  • Land and size. Sits on 9,462km2 and has a healthy population of close to 600 thousand people.
  • Great opportunities exist for the provision of IT and related services, development for incoming and outgoing call centers and software. There are also great opportunities in expansion of science and technology centers, IT centers of excellence, and training centers for the hospitality industry-Exploit the existing fiber line.
  • The existing Economic stimulus fund will act as a great boost for the new investments that acquire the CGL trade license.

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