Developer Road Map

Below is a description of the appraisal process of SEZ Land/Site Designation for Gazettement and Developer Licensing.

STEP 1 – Investment Enquiry or Letter of interest from proponent.

STEP 2 – Investor is issued with Investment Project Proposal Form or Template.

STEP 3 – Submission by the client of the complete application Package that includes: -

(a) SEZA Investment Project Proposal Form;

(b) A Feasibility Study Report satisfactory of current/up to date SEZA Regulations highlighting:-

·         Market Demand Analysis,

·         Schematic Master Plan,

·         Economic Impact Assessment,

·         Financial Model,

·         Strategic Environmental Social-Impact Assessment or SEA.

·         And any other applicable guidelines set in SEZA Regulations.

·         Any other relevant information.

(c) Copy of title deed(s);

·         Unencumbered land titles

(d) Project Description:-

·         Schematic Masterplan/land use plan

·         Development Plan and Timetable to include Perspective Drawings

(e) Statutory Documentation which includes:-

·         Certificate of Incorporation, Form CR12, Copy of PIN, KRA Tax Compliance Certificate and Audited Financial Statements for the last 3 years.

STEP 4 – Project evaluation upon submission of all required documents and payment of Application Fee at US $ 150.

STEP 5 – Land search and site evaluation by the Authority to assess the proposed SEZ land.

STEP 6- Submission of appraised projects to the SEZA Board for Recommendation or Deferment.

STEP 7 – Advice proponent on Approval, re-submission for additional information and or Decline of SEZ Designation Recommendation.

STEP 8 – Submission of Recommended SEZ Designation to C.S for either Approval or advice.

STEP 9 – Advice Proponent on Approval or Rejection of the Recommendation to the C.S.

STEP 10 – Designation of area as an SEZ kicks into effect after declaration of land as an SEZ through a Gazette Notice. STEP 11 – Issuance of Developer License upon application and evaluation and payment of annual license fee of US $ 5000.

STEP 12 – Operationalization and Regulation of SEZ.