FullCare Medical SEZ Limited, a manufacturer of medical care and protective equipment, has announced plans to build a production facility at Tatu City. FullCare’s investment will total more than USD 100 million and supply clients in the United States, Europe and Africa.
The first phase of FullCare’s facility will create 1,000 jobs and serve international customers in more than 70 countries. FullCare’s clients already include well-known distributors of medical supplies. The production facility at Tatu City SEZ is expected to be completed by the end of 2023.
“Kenya represents a great base for international investment by Asian companies, and we are pleased to establish our first production facility on the African continent,” said Mr. Wu Jianfei, Managing Director of Singapore-based FullCare. “For more than two decades, we have pioneered production in Asia of the highest quality medical protection materials for human healthcare management.”
More than 75 companies are operational or under development in Tatu City’s business-friendly location, including Kenya Wine Agencies Limited, Dormans, Copia, Cooper K-Brands, Grit Real Estate Income Group, Twiga Foods, CCI Global, Freight Forwarders Solutions, Friendship Group and Davis & Shirtliff. More than 3,000 homes and apartments are occupied or under construction at Unity Homes and the Kijani Ridge neighbourhood.
Tatu City is a flagship Vision 2030 private sector development and a Special Planning Area designated as Project of Strategic National Importance pursuant to The Physical and Land Use Planning (Classification of Strategic and Inter-County projects) Regulations, 2019.
Business benefits at Tatu City SEZ include VAT zero-rating, import and stamp duty exemptions and 10% corporate tax for the first 10 years and 15% for 10 years thereafter.