Kenya — A Sh11 billion industrial and logistics hub has been launched off the Eastern bypass in Nairobi.

The 103-acre Nairobi Gate Industrial Park is a joint venture between Improvon Group - a logistics and warehouse property specialist, and Actis, an investor in growth markets.

Nairobi Gate will have industrial and logistics accommodation for local and international companies, with quick access to key logistics and transport hubs such as the Jomo Kenyatta International Airport and the Inland Container Depot.

Actis Director for Real Estate Koome Gakunda said Nairobi Gate brings a unique build to suit concept to the city that has been necessitated by the demand for modern, flexible and efficient warehousing facilities.

"The face of warehousing and logistics property is changing, with companies migrating to better locations and consolidating into single facilities to achieve economies of scale and operational efficiency," said Gakunda.

The park will integrate corporate offices, with excellent access, wide roads and turning circles that can accommodate interlink trucks, generous loading facilities and the highest standard of security, all set in a park-like environment.

Stefano Contardo, Improvon CEO said Nairobi Gate will be most suited to light industry, warehousing and distribution centres.

"It offers power supply, adequate water storage, maximum volumetric capacity, wide column grids and generous parking," said Contardo.