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Introduction: Centum Investment PLC, in partnership with The Vipingo Development, is set to embark on an extraordinary venture that will revolutionize the landscape of Vipingo County. With the groundbreaking scheduled for July, this ambitious project aims to create an integrated economic hub spanning over 10,500 acres. Backed by state-of-the-art amenities, high-quality infrastructure, and a strategic vision, The Vipingo Development is poised to become a benchmark for new East African cities. In this blog post, we will explore the exciting prospects of this industrial hub and its potential to transform Vipingo County into a leading economic powerhouse.

The Vipingo Development: An Overview: Spearheaded by Centum Investment PLC, The Vipingo Development is a massive undertaking that will encompass industrial, commercial, residential, hospitality, healthcare, and institutional uses. With an industrial park as its anchor, covering 1,151 acres in Phase 1, the project is meticulously designed with an integrated master plan to accommodate a wide range of industries and businesses.

Master Plan and Land Use: The comprehensive master plan for The Vipingo Development spans 10,254 acres and will be implemented in multiple phases. The project includes support trunk infrastructure, such as roads, power, water, sewerage, security, and ICT, ensuring a well-connected and sustainable environment for businesses to thrive.

Strategic Location: Vipingo County’s strategic location along the Kenyan Coast positions it as a vital gateway connecting East and Central Africa to the global market. With excellent highway access and proximity to the Mombasa port, Mombasa International Airport, Vipingo airstrip, and proposed Lamu-Mombasa railway line, businesses in The Vipingo Development will enjoy seamless connectivity for efficient transportation of goods and access to regional and international markets.

Investment Opportunities: The Vipingo Investment Park within The Vipingo Development offers an array of investment opportunities. Fully serviced industrial plots are available in Phase 1, with flexible payment terms starting from KES 15 million. The investment park caters to export processing zones, light manufacturing, warehousing, commercial properties, business and R&D parks, affordable residential units, and institutional properties like schools and hospitals. It also includes a vocational training institute in collaboration with an international Technical and Vocational Education and Training (TIVET) operator.

Support Infrastructure: To ensure a conducive business environment, The Vipingo Development provides robust support infrastructure. This includes well-designed roads, power supply from KPLC (Kenya Power and Lighting Company), solar energy options, water desalination plants, sewerage systems, security measures, fire-fighting facilities, solid waste management, controlled development guidelines, and ICT integration.

The Success of Centum: Centum Investment PLC, listed on the Nairobi Securities Exchange (NSE) and Uganda Securities Exchange (USE), is East Africa’s largest investment company. With a stellar track record in real estate investments, exemplified by successful projects like Two Rivers in Kenya and Pearl Marina in Uganda, Centum brings its expertise and reputation to The Vipingo Development.

Why Invest in Vipingo: Investing in Vipingo offers numerous advantages. Reduced time-to-market, access to multiple transportation networks, the reputable project promoter, secured statutory approvals, tax incentives within the Vipingo Investment Park Export Processing Zones (VEPZ), and the prospect of becoming part of an emerging industrial hub in East Africa make Vipingo an attractive destination for investors.

Conclusion: The Vipingo Development, driven by Centum Investment PLC, is poised to reshape Vipingo County’s economic landscape. This expansive industrial hub, boasting world-class infrastructure and a strategic location, promises unparalleled investment opportunities. With a strong focus on sustainable development and a track record of successful projects, Centum brings its expertise to ensure the success of The Vipingo Development. Investors and businesses alike can look forward to being part of a transformative journey that will position Vipingo County as a prominent economic and industrial hub in the region.

Please note: For more detailed information on The Vipingo Development, we recommend visiting their official website at www.vipingodevelopment.com or calling +254 113 404 330

Disclaimer: The content of this blog post is for informational purposes only and should not be considered as financial or investment advice. Potential investors should conduct their own due diligence before making any investment decisions.