Of the top most contributors of good environment for business and investment in Kenya, Kenya Strategic Position, Regional Financial, Communication and Transportation Hub takes the highest mark when planning to start a business in Kenya .
Kenya is the leading economy in East Africa. Its strategic location and its well developed business infrastructure make it a natural choice for investors and many international firms have made it their regional hub.
General Overview on Kenya Strategic Position as a Contributor to Good Business Environment
Investing in Kenya now also provides access to the larger regional market of the East African Community, which was formed by its three partner states (Kenya, Tanzania and Uganda) in 2000.
The Republic of Rwanda and the Republic of Burundi acceded to the EAC Treaty on 18th June 2007 and became full Members of the Community with effect from 1st July 2007. The community has a population of 93 million consumers.
The EAC customs Union came into effect in January 2005 and the EAC is expected to form a political federation by 2013. As a member of the Common Market for Eastern and Southern Africa (COMESA), Kenya gives investors access to 385 million consumers.
Kenya, and specifically Nairobi, is a major transport hub for Eastern Africa. Nairobi's Jomo Kenyatta International Airport is the hub of the East African air transport, and it has connections to many European and US cities.
With a convenient time zone (GMT +3), Kenya positions itself as a leading destination for call center, Business Process Outsourcing, software development and other related activities.
Mombasa, The main principle seaport of Kenya , has served as a major distribution hub for the lucrative East African market providing connections to landlocked neighboring nations.
The port of Mombasa is linked to the world’s major ports with over 210 sailing per week to ports in Europe , North and South America , Asia , Middle East , Australia and rest of Africa .
The Transafrica Highway connects all the East African countries. The road transport network is extensive and fully developed with roads connecting to all major commercial cities. The railway system is single track, connecting Nairobi , Mombasa and Dar-es-salam.
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