Unilever signs land deal with Tatu City to boost growth

Business
By Standard Reporter | Nov 12, 2015

NAIROBI, KENYA: Unilever East Africa has entered into a Memorandum of Understanding with Tatu City
Limited for the acquisition of 70 acres of industrial land for future expansion of its manufacturing operations.

The site is located at Tatu Industrial Park, adjacent to Tatu City’s 2,500-acre mixed-use, mixed-income development near Nairobi.

This move is part of a stream of investment activities that Unilever aims to roll out over the coming years to drive growth in East Africa and develop new sustainable business models to help secure the region’s future prosperity.

Speaking about the MOU, Marc Engel, Unilever CEO for East Africa, said. “Our goal is to meet our consumers rising expectations for high quality local and international product choices for years to come while leading the way in sustainable business in Kenya by deploying state of the art technology and thinking. This investment demonstrates our commitment to Kenya’s sustainable growth as the hub of our operations in East Africa.”

He added, “We are also very proud to be associated with the Tatu City urban development and Kiambu County, which is an ideal location for Unilever’s longer term strategic growth plans."

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