Tatu City has received a telecom operating licence to offer Internet services to businesses and residents within its housing project.
The licence classifies Tatu Telecom Company as a network facilities provider (NFP) Tier 2 and application service provider (ASP). With the approval, the firm will lease its fibre-optic cables to other internet service providers while competing with them to provide web services to customers.
The company says it has so far laid 13.9km of fibre optic cable and intends to lay another 29.4km by the end of 2022.
Tatu City is Kenya’s first operational Special Economic Zone (SEZ), where companies enjoy low corporate taxes, zero-rated Value Added Tax (VAT) and import duty exemptions, among other benefits. More than 60 local, regional and multi-national businesses have so far opened or started development in Tatu City.
The 5,000-acre, mixed-use development with homes, schools, offices, a shopping district, medical clinics, nature areas, a sport and entertainment complex and a manufacturing area is one of the largest construction projects in East Africa.
Current development at Tatu City is valued at more than $1.2 billion, with industrial, residential, office and school developments open or under construction.