Naivasha Arising – The Resort, Farming and Industrial Hub
The name Naivasha is a mutation of the Maasai word ‘Enaiposha’ meaning the place of Large Shaking Water. This is obviously in reference to what is now called Lake Naivasha which gives the town and the sub county its name.
Naivasha is a sub county of Nakuru county and the town is located 90km from Nairobi. The fast growing sub county is strategically positioned, neighbouring five counties counties namely Kiambu, Nyandarua, Narok and Kajiado.
According to data from the Ministry of Tourism, Naivasha is ranked second after Mombasa in terms of the number of tourists it attracts and the top hotels it hosts. it has various tourist destinations i.e. Mount Longonot national park, where tourist come to view the flora and fauna in the park as well as climb the mountain. There is also Hells Gate national park and Lake Naivasha to observe birdlife and hippopotamus behavior with a nice boat ride.
From geothermal power to beer making and flower farming, the lakeside town has regained its fame as investors take advantage of its strategic location, beautiful weather and favourable topology to establish their enterprises. Naivasha is home to over 50 flower farms including Oserian, V-D Berg, Maridadi, Finlays, Panda, Shalimar, Nini and Longonot Horticulture among others.
Other key investments include Keroche Breweries, Roka Industries which produces Kenya Cable, Mashwa Breweries, Solinic Solar company and Plantec Limited, among other businesses.
Talking about beer making, Carlsberg one of the leading brewery groups in the world is set to build a plant next to the Naivasha Inland dry port currently under construction.
It is a floriculture hub due to its favorable weather conditions which has various flower farms known to supply beautiful flowers in and out of Kenya. Being the home of power producer, Kengen, you can be assured of availability of power. Currently the biggest challenge facing manufacturers is the high electricity charges and if they can get it cheaper in Naivasha using the geothermal power, then this is the place to be, the availability of key resources like cheap geothermal power, vast land and accessibility to Nairobi have contributed to the influx of investors in Naivasha.
In December 2019, Kenya’s president Uhuru Kenyatta launched the SGR freight service to Naivasha which is expected to move over 200 million tons
of cargo every year from the port of Mombasa. This will assist in reducing the prices of cargo shipping from the port. This also brought about the building of Naivasha dry port, which will cut down on the delays from the Mombasa port. This has created a good rapport with the Ugandan importers who welcome the port. Cheaper transportation goes a long way in terms of their profit margins.
The availability of cheap and accessible land with a variety of options, also gives Naivasha an edge in terms of investment. Undeveloped land is a stable asset that can be worth much more than its initial purchase price in the long-run. If you purchase land for a long-term investment, you’ll spend less to maintain it, because property maintenance costs and taxes on undeveloped land are relatively low than developed land. One needs a guiding hand and you can get all this services in Nulands properties and investments who have a presence in Naivasha as they have already rolled out three projects in the fast growing sub-county. The team at Nulands will organize a tour of the prime investment opportunities in Naivasha, guide you through the property acquisition process and ensure that your property is registered upon your purchase.
Naivasha is definitely a place to watch.