Business and Economy

DP World signs deal for major industrial zone in Kenya

DP World signs deal for major industrial zone in Kenya © dubaitimes.org
DP World signs deal for major industrial zone in Kenya © dubaitimes.org
DP World has signed an agreement to develop a 222-hectare special economic zone in Mombasa, Kenya, aiming to attract foreign investment, boost local manufacturing, and connect Kenyan businesses to global supply chains. Over 20,000 jobs are expected.

More than 20,000 new jobs and a surge in foreign investment are on the table after DP World confirmed a deal to build a vast industrial complex in Mombasa, Kenya. The agreement, signed in the presence of Kenyan President William Samoi Ruto, marks a strategic move by the Dubai-based logistics giant to anchor itself in East Africa's trade and manufacturing landscape.

The project, known as the Mombasa Industrial Park, will span 222 hectares and operate as a special economic zone. DP World and Kenya's GulfCap Africa are jointly driving the development, with the first phase covering 40 hectares. The ambition: to transform Mombasa into a regional manufacturing and logistics powerhouse, leveraging Kenya's trade agreements and geographic position.

Foreign investment and local manufacturing in focus

Attracting international capital is central to the plan. More than 60 companies-both Kenyan and global-have already expressed interest in securing space within the new zone. The project is designed to boost Kenya's manufacturing capacity, integrate local firms into regional and global supply chains, and open new opportunities for small and medium-sized enterprises.

DP World's expansion in Kenya is not a standalone play. The agreement builds on a partnership with GulfCap Africa announced in August, signalling a long-term commitment to developing integrated industrial and logistics infrastructure across the region. The Mombasa project is expected to create thousands of direct and indirect jobs, with a particular focus on supporting local suppliers and service providers.

Access to key markets and trade agreements

Companies operating in the Mombasa Industrial Park will benefit from Kenya's network of trade agreements, including the African Continental Free Trade Area, the Economic Partnership Agreement with the European Union, and a comprehensive economic partnership with the UAE. These frameworks are intended to give manufacturers in the zone preferential access to major export markets, reducing barriers and production costs.

President William Samoi Ruto, speaking at the signing ceremony, positioned the project as a cornerstone for Kenya's economic future. He pledged government support to ensure the necessary infrastructure is in place, aiming to make Kenyan-made products more competitive regionally and globally.

For Dubai, the move is a calculated extension of its global logistics footprint. DP World's bet on Mombasa is not just about capturing East African trade flows-it is about shaping them. The group's willingness to invest at scale, and to tie its fortunes to Kenya's industrial ambitions, signals a pragmatic understanding of where the next wave of growth will come from. If DP World delivers on its promises, the Mombasa Industrial Park could become a template for how Dubai's logistics expertise is exported and embedded in emerging markets-turning regional opportunity into tangible economic transformation.

Omar Al Nuaimi Business, property and finance writer Dubai Times
Writer

Omar Al Nuaimi

Omar Al Nuaimi is a Dubai-born business and finance writer covering the emirate’s economy, property market and consumer money. He focuses on what company announcements, market data, housing trends and financial decisions actually mean for residents, professionals, homebuyers and investors.