PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603316

Primary Business Area

Other

Disclosure Date

Oct 29, 2019

Country

Kenya

Region

Africa

IFC Approval Date

Aug 20, 2018

Status

Completed

Estimated Total Budget

$4,000,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 11, 2024

Project Estimated Start Date

Aug 10, 2018

Project Estimated End Date

Dec 31, 2021

Project Description

The World Bank Group’s Kenya Investment Generation Project is one of three projects under the umbrella Kenya Competitiveness Enhancement Program whose main goal is to strengthen Kenya’s competitiveness and market creation potential through targeted private sector enabling interventions. Specifically, the Kenya Investment Generation Project will help catalyze new investments into special economic zones (SEZ) and industrial parks by developers and enterprises by: streamlining the legal, regulatory and administrative environment for SEZ development; boosting industrial competitiveness by creating an environment for investment in quality and market demand driven industrial infrastructure; addressing targeted sector specific investment constraints to boost value addition and manufacturing; institutional support and capacity building of Special Economic Zones Authority and targeted national and county government agencies technical staff to ensure they are equipped with the tools to deliver SEZ regulatory oversight and investor facilitation; and investor targeting and investment promotion.

Development Results