Friday, March 29, 2024

10 Best Towns to do Business in Kenya

4.Garissa

Garisaa

Image Courtesy: Skyscraper City

Any futuristic innovator or investor should not be deterred by the security issues in Garissa. The distant town which is located about 200 kilometers from Kenya-Somalia border offers major business opportunities. The real estate sector of Garissa County is still at infancy stages. Pharmaceutical supplies are also conspicuously missing. Yet the town enjoys relatively good infrastructure and is strategically located next to the ongoing LAPPSET project, Mombasa Port and the NEP frontier. The World Bank once recognized Garissa as the best town in the country to enforce business contracts in and number 3 when it comes to issuance of construction permits for new businesses.

3.Thika

Image Courtesy: Skyscraper City

Image Courtesy: Skyscraper City

Known for its perfect blend of pineapple and coffee farms, Thika town is reputed world over for its heavy industrial production ventures. It was once named the 78th best destination to do business in the world because it has comparatively less cumbersome procedures especially on property registration. Cheaper rent prices, good road infrastructure and proximity to the Capital alongside future plans to transform it into an Aerotropolis town make it among the most wonderful places for a start-up to set up shop.

Some small businesses that seem to be performing well in and around Thika town include transport business, middle-income real estate, supply of construction material, ICT-based and grocery supplies.

2.Narok

Image Courtesy: SkyScraper City

Image Courtesy: SkyScraper City

Narok, a tourist town neighboring the famous Masai Mara Game Reserve, is renowned for its significantly cut bureaucratic red tape in the business environment. The World Bank once ranked Narok the 15th best investment destination in the world just behind towns in Hong Kong, China. Ease of obtaining business license, a resurrecting tourism sector and proximity to the Capital City makes Narok one of the most attractive towns for a small business or start-up to launch.

Some ideal small business ideas for residents of Narok and its environs revolve around supply of imported clothes, supply of cooking gas, supply of spare parts for motorcycles, restaurants and curio shops.

1.Malaba

Malaba

Image Courtesy: Skyscraper City

Malaba is a small town in Busia County in the Western part of Kenya. The border town handles 70% of cargo in transit to and from the port of Mombasa to neighbouring landlocked countries of Rwanda, Burundi, Rwanda, South Sudan and DR Congo. With completion of the standard gauge railway line, the town will host a train passenger terminal which will further boost fortunes for investors in its environs. Further records show that Malaba collects at least Ksh60 million in revenue every month.

Malaba has often been recognized as the best place in the country to get construction permits and the third best for enforcing contracts. Over the last 5 years Malaba has been competing closely with Narok for the number one position on the ease of doing business list.

Some ideal business ventures for Malabans to embark on include: Wholesale supply of consumables, import of leather products from Kampala to Kenya and fast food restaurants to cater to travelers who may stop over as they await customs clearance.

Note

Order of listing is based on a past ranking by The World Bank Ranking. This order may change from time to time.

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