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Industrialists see fortune in special economic zones
Making clothes at an EPZ plant in Athi River. Conversion of export processing zones into special export zones will allow for a more flexible market with higher domestic sales. Photo/FILE
Jas Bedi of Bedi Investments — a Nakuru-based textile manufacturing company — waits for the day the government will convert the country’s Export Processing Zones (EPZs) into Special Export Zones (SEZs), which will allow his firm to sell products locally.
Currently Bedi Investments’ textile products, which include high quality blankets, are largely for export especially to the United States under the African Growth and Opportunity Act (AGOA) programme.