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Centum: Why Invest In Vipingo Development Complex

Vipingo Development is a modern mixed-use development spread over 10,254 acres that will be a model for East African cities. The development is supported by an urban environment, state of the art amenities and services as well as high quality infrastructure.

It is strategically located along the Mombasa– Malindi Highway with excellent transport connections by road, air and water. The development offers several investment opportunities in residential, commercial, investment park, hospitality, healthcare and institutional.

Dualling of the road from Malindi in Kilifi county to Bagamoyo in Tanzania is underway with construction works being undertaken in different sections of the road making Vipingo development complex an ideal place for investors to venture in.

The first phase of the Bagamoyo – Horohoro-Lunga -Lunga – Malindi Road Project aims to stimulate regional integration by reducing travel time, facilitating trade and the movement of people across borders.

The development of the road corridor is planned in phases owing to the size (454 km), the need for a review of the studies for some of the sections and the required huge investment.

Phase I of the Project comprises of 120.8km Mkange – Tungumaa – Pangani road section in Tanzania and 54 km Mombasa – Mtwapa – Kilifi road section in Kenya.

The transnational highway between Kenya and Tanzania is expected to ease the flow of traffic from both Mombasa and Tanga ports towards the land-locked countries of East Africa.

Former President Uhuru Kenyatta and Tanzanian head of state Samia Suluhu, signed an agreement to complete the Malindi-Tanga-Bagamoyo East African Coastal Corridor development project with the aim of spurring growth between the two countries.

The highway which will run through Malindi, Mombasa and Lunga Lunga on the Kenyan side and Horohoro, Tanga and Bagamoyo on the Tanzanian side will cost approximately Sh75.1 billion. The road is part of the 460km Malindi-Tanga-Bagamoyo East African coastal corridor development project.

In December 2020, the African Development Bank (AfDB) approved a Sh38.4 billion financing package for the project, a few months after the European Union had contributed a grant of Sh3.3 billion.