Commercial Land in Vipingo

🏗️ THE SPZ VIPINGO 20 acre’s within – 2000 ACRES OF COMMERCIAL & INDUSTRIAL DEVELOPMENT Location: Vipingo, Kilifi County, Kenya Project Type: Special Economic Zone (SEZ) and Visionary Free Trade Zone (VFTZ) Land Size: 2,000 acres Land Ownership: Private leasehold with all approvals in place Zoning: Commercial, Industrial, Logistics, Manufacturing, Warehousing Target Sectors (Global-Standard Industrial Ventures): • Metallurgy Industries • Battery Manufacturing • Ports & Logistics • Pharmaceuticals • Automotive • Ceramics • Textile Manufacturing • Mining • Wood Processing & Furniture • Cashew & Other Food Processing • Construction & Infrastructure • Renewable Energy • FMCG • Light Manufacturing ⸻ 📍 STRATEGIC ADVANTAGES OF LOCATION • Kenya: East and Central Africa’s business hub – 3rd largest economy in Sub-Saharan Africa after Nigeria and South Africa. • Proximity to Major Markets: Access to Africa, Middle East, Europe, South Asia & Indian Ocean Islands. • Key Infrastructure Access: • Standard Gauge Railway (SGR) – Direct link to Nairobi and the hinterlands. • Moi International Airport – Mombasa • Mombasa-Malindi Superhighway • Vipingo Domestic Airport • Upcoming Vipingo Port – First vessel docked last week. • Mombasa Port – Only 40 minutes away. ⸻ 💼 ADVANTAGES OF OPERATING UNDER THE EPZ / SEZ / VFTZ ✅ Fiscal Incentives: 1. Corporate Tax Relief: • 10% for the first 10 years • 15% for the next 10 years • 30% thereafter 2. Import Duty Exemption – On raw materials, machinery & intermediate goods 3. VAT Exemption 4. Import Declaration Fee (IDF) Exemption 5. Withholding Tax Exemption – On dividends, interests and royalties 6. Loan Interest Deduction – Exempted on foreign loans ✅ Non-Fiscal Incentives: • Up to 20% expatriate staff permitted • Uninterrupted utilities – 3 million liters/day desalinated water, KPLC substation backup • Environmental Compliance: ZLD (Zero Liquid Discharge) wastewater treatment plant for textile & heavy industry • Plug-and-play infrastructure – Tarmac roads, sewerage, high-speed internet, and power already installed • Access to SEZ Authority Support – Regulatory fast-tracking & simplified compliance ⸻ 👷 LABOUR COST STRUCTURE (USD) Role Monthly Wage (USD) Unskilled Worker 77 - 115 Sewing Machine Operator 154 - 270 Cutter 192 - 308 Tailor 246 - 346 Quality Controller 270 - 462 Supervisor 462 - 770 Statutory Deductions: • NSSF: 1.5% • NITA Levy: 0.36% • NHIF/Other: ~2.75% Legal Working Hours: Standard: 45 hrs/week Maximum: 56 hrs/week Overtime: 1.5x hourly rate on weekdays, double on holidays/weekends ⸻ ⚡ POWER & LOGISTICS • Electricity Tariff (USD): $0.06 per kWh (within SEZ) • Freight Logistics: • China to Kenya (Mombasa): • Sea: 2–4 times/week (Transit ~30 days) • Air: 2–4 times/week (Transit 1–3 days) • India to Kenya (Mombasa): • Sea: 1–3 times/week (Transit ~30 days) • Air: 2–4 times/week (Transit 2–5 days) • Kenya to USA: • Sea Freight: 1–2 weekly direct/consolidated shipments • Transit Time: 45–90 days • Cost: $3,000–$5,000 per 40-ft container • Air Freight: $10–$20/kg (Transit: 7–14 days) ⸻ 🌍 MARKET ACCESS • Local Market – Rapidly growing domestic consumption in Kenya & EAC • Duty-Free Access: • USA (AGOA) • EU (Everything But Arms – EBA) • COMESA and EAC markets (regional bloc) • Close proximity to over 400 million consumers ⸻ 📐 LAND AVAILABILITY & PRICING • Land Plot Sizes: From 5 Acres to 1,000 Acres (flexible options available) • Already Sold: 1,000 acres (50% uptake) • Land Price: • USD: $50 per square meter • KES (at approx 1 USD = 130 KES): KSh 6,500 per square meter ✅ Price per Acre: 1 Acre = 4,046.86 sqm • In USD: $50 × 4,046.86 = $202,343 per acre • In KES: 6,500 × 4,046.86 = KSh 26,304,590 per acre ⸻ 💡 WHY THIS IS A MUST-DEAL OPPORTUNITY 1. Massive Cost Advantage – Low labor, power, freight & tax reliefs 2. Global & Regional Connectivity – Sea, land, rail, and air all covered 3. Plug & Play Industrial Zone – Infrastructure in place and SEZ license active 4. Ready Market Access – Local & international buyers 5. Expatriate Leeway – Up to 20% of workforce 6. World-Class Infrastructure – Desalinated water, ZLD plant, port access 7. Government Support – Through SEZ & EPZ frameworks 8. Environmental Sustainability – Clean power, water treatment, logistics integration 9. Capital Appreciation Potential – Already 50% uptake of plots, early investment advantage ⸻ 🧾 SUMMARY FOR INVESTORS Feature Description Location Vipingo, Kenya Land Size 2,000 acres Land Price $50/sqm or KSh 6,500/sqm Price per Acre $202,343 or KSh 26.3 million Zoning SEZ / VFTZ – Industrial & Commercial Target Sectors Manufacturing, Logistics, Automotive, Textile, etc. Tax Incentives Corporate Tax relief, VAT, Import Duty & Withholding Tax exemptions Utilities Power ($0.06/kWh), water (3M ltrs/day), sewer, KPLC Connectivity SGR, Airports, Superhighway, Upcoming Port Expatriate Quota Up to 20% allowed Available Plot Sizes 5 to 1,000 acres Sold So Far 1,000 acres (50%)