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Meet Kenyan Billionaire Behind Eldoret Industrial Park

Eldoret Industrial Park

The man behind Eldoret Industrial Park is David Langat. He is one of the richest influential men in Kenya being ranked among the few billionaires in the country.

He is a chairman for one of the largest tea producers in Africa dipped, DL Tea Group of Companies that deals with agriculture, energy, and real estate. The company was founded in the 1980s. He also owns hotels and shopping malls.

He is the man behind the Eldoret Industrial park dupped, AEZ Pearl River, which was a 200 billion project implemented to transform the North Rift region into a major commercial hub. The hub is situated on a plateau some kilometers from Eldoret town in Uasin Gishu county.

The industrial park is an ongoing project that is expected to have a science and technology park, hotels, shopping malls, schools, recreation facilities, hospitals, and residential units.

The hardworking pioneer runs Koisagat tea estate in Nandi, Kapchebet tea factory in Kericho, A solar power generating company called Selenkei investments, Sunrise resort in Mombasa, and Nyali Centre in Mombasa.

Eldoret Industrial Park David Langat
David Langat

Eldoret Industrial Park Constractor

Gongdong New South Group Ltd has signed a $1.94b deal with the Kenyan government for the construction of an industrial park in Kenya at the Eldoret Special Economic Zone.

The China-based company signed the deal for the industrial park in Kenya titled Africa Economic Zones in Beijing in the presence of President Uhuru Kenyatta in a private sector agreement.

The project is being put up through a partnership between the Chinese firm and Africa’s Economic Zones Ltd. Africa Economic Zone (AEZ) is the first privately owned special economic Zone in Kenya and has been licensed in accordance with Special Economic Zones Act 2015.

The agreement encompasses the development and operation of a high-end Special Economic Zone, with world-class infrastructure in Eldoret, Uasin Gishu County.

The advantage of the location comes in when the easy access to raw agricultural materials is put into consideration, as well as the development of massive land away from the over-populated cities.

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Written by miniBloggersKe

NAIROBIminiBLOGGERS Believes in philanthropists, and we also have a Keen interest in Political, Leadership, and Governance. We will tell you what they don't want you to know.