Why special economic zones are key to attracting investors

The Dongo Kundu Special Economic Zone at the Port of Mombasa. FILE PHOTO | NMG

An article on special economic zones (SEZs) published in this newspaper caught my attention. As the regulator, I felt obligated to shed more light on this critically important sector of our economy.

In his article, Jaindi Kisero called for a “rethink” of the special economic zones idea. He opined that there are multiple State agencies offering similar investment incentives including tax benefits, which could open opportunities for regulatory arbitrage especially where an entity secures double licensing.

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