Eldoret has been rated by the World Bank as the best investor friendly town.
It has also been ranked the third best performing urban area alongside Nairobi and Nakuru.
In a survey conducted by The Institute of Economic Affairs, the City of Champions has displayed all it has with regard to an enabling environment for investors, quality service delivery and prudence in the management of financial resources.
The County Government has ensured that Eldoret meets all the standards that investors consider when choosing an investment destination.
Potential markets, availability of natural resources and raw materials for industrialization has seen a handful of investors set up factories creating an economic hub. The first private economic zone in the Country, the AEZ is located a few kilometers from the city.
Solid waste management has so far been tackled through a partnership between the County Government of Uasin Gishu and Swedish Investors. The project seeks to establish a solid waste management plant which will generate electricity to be injected into the national grid. This means more growth for Eldoret town.
There is an increase in human resource through the readily available human capital due to rural-urban migration brought about by urbanization.
Apart from being the gateway to East and Central Africa, Eldoret serves as the capital of the western region as it hosts various magnificent institutions that serve the entire region. This includes the Moi Teaching and Referral Hospital, Eldoret International airport and Moi University among other institutions that serve as a market attraction in the region.
The City of champions enjoys the privilege of being among the cleanest cities, following closely in the footsteps of Kigali Rwanda, which has been rated as the cleanest and the fastest growing economy in Africa. In a couple of years, through the dedication put in place by the county government, Eldoret will definitely be ranked among the Continent’s big cities.
The state of the roads leading in and out of the town has been boosted by development partners such as World Bank in conjunction with the County Government which has enhanced the transport system which is essential in transporting raw materials and commodities for trading. This has captured the attention of investors.
Eldoret enjoys around the clock security system that is further boosted by street lighting which has been spread to areas surrounding the town. This has enhanced a 24-hour economy which has attracted many traders both SME’s and established industries.
The county presents unique opportunities and cuts a competitive edge in the region as a special location for investments.
It stands out because of the following reasons: