Business

FullCare Medical Unveils State-of-the-Art Facility in Kenya's Tatu City

TATU CITY, Kenya - In a significant boost to the Kenyan economy and its workforce, FullCare Medical has inaugurated an advanced medical garment production plant within Tatu City, the extensive 5,000-acre mixed-use Special Economic Zone (SEZ). This modern facility is the result of a strategic USD 30 million investment and has created employment opportunities for 1,800 Kenyans in its initial phase, with expectations to increase the workforce to up to 7,000 in the upcoming phases.

The grand opening of FullCare Medical's facility was celebrated with a ceremonial ribbon cutting attended by distinguished guests, including the China Embassy Minister Counsellor Mr. Zhang Yijun, FullCare Medical Founder Mr. Lu Jianguo, and Rendeavour Founder and CEO Mr. Stephen Jennings.

The Power of Investment and Collaboration

FullCare Medical's decision to establish its facility in Kenya, particularly in Tatu City SEZ, signifies a shared commitment to collaboration and progress. By harnessing sustainable solar technology for manufacturing, the facility sets a precedent for future export-focused production units. With an expected annual export volume of USD 60 million in medical goods, it will also address the local market's immediate medical supply needs.

Mr. Lu Jianguo expressed that the choice of Kenya as the investment location reflects a deep belief in the transformative impact of partnership. This technologically advanced and sustainable facility paves the way for positive economic effects in both the local and international medical supply industry.

Tatu City: A Hub for Diverse Investments

As Kenya's pioneering mixed-use Special Economic Zone, Tatu City has attracted substantial foreign direct investment (FDI), aggregating to USD 2.5 billion from over 78 businesses to date. The influx of global industry leaders surpasses traditional business fields, expanding into realms such as healthcare, food and beverage, call centers, and software engineering. This wave of investments is instrumental in creating employment for the Kenyan population and signifies the country's growing appeal as an investment destination.

Mr. Stephen Jennings lauded Tatu City SEZ for magnetizing record FDI to Kenya, thus contributing to the economic welfare of its citizens by generating a plethora of job opportunities.

Celebrating Sino-Kenyan Friendship through Progress

The inauguration event was graced by the presence of Mr. Zhang Yijun, the Minister Counsellor at the Chinese Embassy in Nairobi, alongside various Kenyan dignitaries. The establishment of FullCare Medical not only highlights a fruitful commercial venture but also symbolizes the deepening friendship and collective push for growth between China and Kenya. The mutual pursuit of progress is encapsulated within this facility, which stands as a beacon of industrial harmony and cooperative relationships between the two nations.

Backing of the International Finance Community

Emphasizing the international confidence in FullCare Medical's expansion into Africa, the International Finance Corporation, a member of the World Bank Group, extended a vital USD 100 million financing package. This powerful backing underscores the project's significant role within Kenya's recent FDI narrative and further cements it as a benchmark for enterprising Chinese businesses setting their sights on Africa.

A Melting Pot of Global Enterprises

The Tatu City SEZ is not just home to FullCare Medical but a vibrant melting pot hosting more than 78 local, regional, and international businesses that are either operational or under various stages of development. Among these, notable entities such as CCI Global, Heineken, Dormans, Copia, Cooper K-Brands, Grit Real Estate Income Group, Twiga Foods, Freight Forwarders Solutions, ADvTECH, Friendship Group, and Davis & Shirtliff stand out, contributing to the bustling economic activity within the zone.

These businesses enjoy a host of perks that the Tatu City SEZ offers, such as VAT zero-rating, exemptions from import and stamp duties, and significantly reduced corporate tax rates for the first 20 years of operation. Such incentives are well poised to propel further growth and investment in the region.

The FullCare Medical Commitment to Quality and Local Impact

FullCare Medical (Kenya) SEZ Limited brings with it over two decades of experience in manufacturing and global distribution of medical care and protective equipment that have won international accolades for their quality. The establishment of their expansive Tatu City SEZ facility is geared to serve Africa, Europe, and the United States. The first phase of the project is already making a substantial social impact by creating more than 1,800 local jobs, with promises of more to come in the future.

Tatu City: A Visionary Live, Work, and Play Environment

Tatu City presents a revolutionary approach to urban development in Kenya. Situated just a half-hour drive from Westlands, this new city at Nairobi's gateway offers residents and visitors a multitude of amenities and lifestyle options. Designed as a self-sufficient, congestion-free, and commuter-friendly environment, Tatu City caters to more than 250,000 residents and tens of thousands of daily visitors with its residences, educational institutions, business spaces, shopping districts, medical clinics, nature parks, and recreational facilities.

The educational facilities within the city are shaping future generations with daily schooling for thousands of students. Housing options are diverse and cater to varying income levels, while the business-friendly environment fosters growth for a wide array of companies. Tatu City embodies a new mode of Kenyan urban living—enabling citizens to embrace a modern lifestyle where living, working, and playing coalesce seamlessly.

Rendeavour: Shaping Africa's Urban Future

Behind Tatu City's development is Rendeavour, Africa's premier city builder, managing an impressive portfolio of new city projects spread over 30,000 acres on the continent. Their visionary urban endeavors span across several African nations such as Ghana, Nigeria, Kenya, Zambia, and the Democratic Republic of Congo. The cities developed by Rendeavour are poised to be economic catalysts, offering a sustainable and prosperous future for their inhabitants by nurturing businesses and promoting inclusive growth.

For Additional Information

Readers seeking more information about the promising opportunities and developments at Tatu City are encouraged to visit their website at Tatu City Official Website. The website offers a comprehensive view of the city's vision, its current development projects, and future plans. Journalists and interested parties can further explore this groundbreaking new city initiative and gain insights into how it is poised to reshape the Kenyan urban landscape.

FullCare Medical's new medical garment facility at Tatu City was inaugurated at a ribbon-cutting ceremony graced by key figures from the project collaboration.

For a visual representation of the new FullCare Medical facility and a glimpse into the opening ceremony, photos are available through the provided link. The captured image highlights the notable personalities including China Embassy Minister Counsellor Mr. Zhang, FullCare Medical Founder Mr. Lu Jianguo, and Rendeavour CEO Mr. Stephen Jennings, who played pivotal roles in bringing this ambitious project to fruition.

Conclusion: A Landmark Investment Supporting Kenya's Economic Ascent

The establishment of FullCare Medical's new facility in Tatu City marks a monumental investment and serves as a testament to Kenya's potential as a prime destination for global investment. The partnership between the Chinese and Kenyan actors signifies a closer collaboration with shared aspirations towards economic development and job creation. As one of the most substantial foreign direct investments in Kenya, FullCare Medical is setting a high standard for innovative and entrepreneurial ventures from China looking to Africa for future growth opportunities.

This facility not only aids in the diversification of Kenya's industrial sector but also contributes significantly to the sustainable development goals of the country by adopting green manufacturing practices and creating thousands of jobs. Tatu City's unique and business-friendly environment continues to be a magnet for international companies and a beacon of urban development on the African continent. As FullCare Medical and other prominent businesses thrive within the SEZ, Tatu City is cementing itself as a paradigm of successful urban planning and economic empowerment in Kenya.

In conclusion, the opening of FullCare Medical's cutting-edge medical garment production plant provides a compelling narrative of international cooperation, sustainable development, and the profitable transformation of Kenya's economic landscape through FDI and innovation. With robust support from local and international entities, the FullCare Medical facility serves as a blueprint for other companies to invest in Kenya and Africa at large, thus fostering a brighter, more prosperous future for all.