Understanding the Similarity in KICOTEC and EPZs


By yoana kimwele

Export Processing Zones Authority is a State Corporation established by the Government of Kenya through an Act of Parliament

Kenya Export Processing Zones provide an attractive investment investment opportunity for export-oriented business ventures. There are no restrictions on who can invest in such zones.

An EPZ firm may be 100% foreign owned, 100% Kenyan owned or any combination of foreign/Kenyan ownership.

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The Enterprise is also allowed to bring in foreign workers for training, technical and managerial categories.

The scheme also offers a wide range of attractive fiscal, physical and procedures incentives to ensure lower cost operations, faster set up and smoother operations..