Investment Opportunities in Kwale County Safina Kwekwe Tsungu CECM Industry, Trade and Investment County Government of Kwale Destination Kwale Introduction • It’s one of the six counties in the coastal region. • Borders Taita Taveta County to the North West, Kilifi County to the North East, Mombasa County and Indian Ocean to the East and United Republic of Tanzania to the South. • A gateway to Eastern and Southern Africa, both by land and sea. Destination Kwale • has an area of 8,294.9 km2 of which 62 km2 is under water and boasts of a 250km long coastline plus a 200 miles Exclusive Economic Zone (EEZ). • Has significant youth population with 26% being people between ages 15 and 30 years • total population of 713,488 persons in 2012 comprising of 346,898 males and 366,589 females as per 9.8 per cent increase from 649,931 in 2009 national census. Destination Kwale Why invest in Kwale • The Kwale County Public Finance Act 2014 is investor friendly and supports business establishment and expansion • Relatively cheaper land and the Land banking project by county government guarantees availability of land for investments • Kwale is one of the three counties earmarked to host a Vision 2030 Resort City project at Diani Beach which currently hosts about 25 tourist hotels and several restaurants Destination Kwale Investment opportunities in Kwale 1. Industrial parks including ICT ICT infrastructure 2.Water and sewerage water purification & reticulation; storm water drainage systems and sewerage services 3.Energy - generation of power both from renewable energy especially solar, wind and waste and non-renewable energy especially coal. Destination Kwale 4. infrastructure development -roads and bridges Destination Kwale Shimoni Habour and marina • Natural port as a result of deep waters in Shimoni • Huge lime deposits around shimoni in Tswaka area for cement production; increased mineral, oil and gas activities; sugar production in Ramisi only 15 kms away hence the demand for a port to facilitate export of such commodities • The designation of Diani Resort city as a vision 2030 project hence the opportunities presented for cruise ship services • Shimoni marina already advertised as a PPP project hence political goodwill already geared to the project Destination Kwale 5. Investments in the education sector • Establishment of tertiary institutions- Medical school, hospitality colleges, marine studies, aviation school • Establishment of specialized technical schools- fishing techniques, technical skills in extractive industries, operation and maintenance of heavy, industrial equipment etc Destination Kwale 6. Sports and Entertainment – Sports, Culture, music and film industries Talent academies to nurture and develop the diverse talents in sports, music performing arts and culture in the county Establish Cultural centers at strategic locations in the county Destination Kwale Water and beach sports as an investment opportunity Destination Kwale 7. Extractive Industry • Quarrying activitiesIndustrial production of products from quarrying duruma slates, silica sand, building sand, coral stones etc • Mining- Base minerals, Lime, Cement, coal, rare earths, gemstones etc Destination Kwale Existing investments in extractives • Titanium mining by Base Titanium- Zircon, Ilmente, Rutile • Gemstones mining in Kuranze • Silica sands in Ramisi • Quarrying of duruma slates in Lungalunga and Kinango sub counties • Limestone quarrying along coastal belt Destination Kwale quarrying- Interior finishes Destination Kwale quarrying- Exterior finishes Destination Kwale 8. Housing • Residential housing unitsAlong the L/lunga- Msa highway, L/lunga- Samburu rd, Mabokoni near the Technical University of Mombasa campus, all towns etc • Office blocks- Kwale, Waa, Tsunza, Ukunda, all Sub county HQs etc • Holiday homes- Golini heights, Mbuguni and along the coastal line Destination Kwale 9. (a) Investments in Agriculture production • fruits, coconut, bixa and cashew nuts • Ranching- breeding, fattening and marketing of livestock and livestock products • Commercial tree production including bamboo through plantations for timber and posts especially in wastelands/idle land. • Manufacture of fertilizers Destination Kwale 9 (b) Agro-processing • food processing, • fruit processing, • processing of coconut, cashew nut & bixa products, • livestock products especially dairy, meat products and leather • Fish processingDestination Kwale 10. Tourism development of new tourism products, provision accommodation and eco-tourism services amongst others, establishment of tertiary institutions for hospitality industry in Kwale county. Destination Kwale Treasures of Kwale Destination Kwale 11. Health services • Manufacture of medical equipment and supplies • Establishment of recuperating clinics • Private retirement homes for elderly citizens Destination Kwale Invest today, tomorrow may be too late Destination Kwale Welcome to Kwale County, the investment destination of choice “Turning potential into wealth” Thank you all Destination Kwale