SEZA Chairman Fred Muteti, EBS, and CEO Dr. Kenneth Chelule, EBS, joined H.E. President William Samoei Ruto at the groundbreaking ceremony of the Dangote East Africa Petroleum Refinery, an SEZ enterprise at the LAPSSET Special Economic Zone in Lamu.
The KSh 2.2 trillion (US$16 billion) investment demonstrates investor confidence in Kenya and the SEZ programme’s role in attracting major industries, creating jobs and expanding local value addition.
With a planned capacity of 700,000 barrels per day, the integrated complex will include a 1,000MW power plant and facilities for manufacturing plastics, fertilisers and chemicals. As announced at the ceremony, the project is expected to generate 60,000 direct jobs.
As an anchor enterprise at LAPSSET SEZ, the refinery will strengthen regional energy security and create opportunities for Kenyan suppliers in manufacturing, logistics, engineering and support services. Facilitation of investments that turn Kenya’s resources and strategic location into productive industries, jobs and economic opportunities remains one of our key objectives.