Investors who have not developed land allocated to them at the Export Processing Zone (EPZ) in Athi River risk losing their leases.

In a press release, the EPZ Authority chairman Paul Gacheru stated that the authority was conducting an audit to weed out investors who fail to develop the EPZ sites.

Regulation 5(2) of the Export Processing Zones Regulations, 1991 requires an investor to develop a site designated as an EPZ within two (2) years from the date the application is approved.

The EPZ authority is empowered to make recommendations to the National Lands Commission (NLC) to revoke leases of investors in breach of the said regulations.

Developers are therefore encouraged to develop the said EPZ sites as required by the regulations.

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