Tatu City, the planned mixed-use, mixed-income satellite city at Ruiru near Nairobi and which has been embroidered with court cases since inception, has completed the sale of a 78-acre plot to Bidco Oil Refineries Limited.
The sale to Bidco follows a series of commitments by Kenyan companies moving to Tatu Industrial Park, a light industrial zone located under the Tatu project.
Other investors include Dormans, a leading coffee producer in East Africa; Kim-Fay, the manufacturer and distributor of personal care, hygiene, health and nutrition brands across East Africa; and premium brand distributor, Maxam.
“We are pleased to welcome these market leaders to Tatu Industrial Park, which is an ideal hub for firms that want easy, infrastructure-ready access to local, regional and international markets,” said Chris Barron, Tatu City’s Chief Operating Officer.
Kim-Fay, which manufacturers hygiene products such as diapers and sanitary towels signed a Sh2.5 billion deal with Tatu City to set up its manufacturing plant in the estate.
Kim-Fay’s sales and marketing director, Hartaj Banis, said the firm will relocate its cooperate headquarters, manufacturing, distribution and warehousing facilities plant from Nairobi’s industrial area. Speaking at the signing of the deal, Chris Barron said that they are excited to partner with Kim-Fay.
“This endorsement is a significant show of confidence by Kim-Fay and indicates that Tatu City will set the pace.” Kim-Fay will build their new plant on a 10-acre piece of land. “We will have significant reduction in our cost of production, ease and time while transporting our products to our consumers,” said Hartaj.
Ground breaking will follow later this year for the new facility set for completion in quarter one of 2017. Earlier this year, Dormans Coffee, a coffee beans marketer signed a deal with Tatu to put up its milling and roasting plants facilities on a 10-acre piece of land at a cost of Sh656 million. he new Kim-Fay headquarters at Tatu City industrial Park.