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The Kenya Times·September 8, 2026 at 12:41 PM

President William Ruto has signed a Ksh12 billion agreement between GulfCap Group and Dubai-based logistics giant DP World to establish a major Special Economic Zone in Jomvu, Mombasa. According to The Kenya Times, the deal represents an investment of more than US$100 million and marks a significant milestone in plans to develop a large-scale industrial hub in the coastal region.

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DP WorldMombasaWilliam RutoSpecial Economic ZoneinvestmentKenya

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