Dubai-headquartered ports and logistics firm DP World has inked a deal to develop an industrial park on the Kenyan coast, signalling plans to diversify into light manufacturing, warehousing and regional supply chains.
The global ports and logistics giant has agreed with GulfCap Africa, an investment and development firm owned by Kenyan businessman and politician Suleiman Shahbal, to develop Mombasa Industrial Park on a 222-hectare Special Economic Zone.
