Ashok Rupshi Shah is a Kenyan industrial developer involved in various business ventures, including internet provision, the manufacturing and importing of pharmaceutical products, as well as the production and supply of hardware and electronics.
Ashok has been on the limelight because of a protracted legal dispute over a Ksh1.3 billion 8-acre parcel of land in Loresho.
According to the Land Cabinet Secretary Alice Wahome, former Nairobi Provincial Commissioner Davis Nathan Chelogoi is harassing the businessman by illegally occupying the land.
On Tuesday, March 5, the CS said Chelogoi had already lost the land after a high court judgment and several court orders required him to surrender the piece of land.
In addition, the prolonged land dispute traces its origins to 2019, as reflected in a High Court case number 312 of 2009 involving Ashok Kumar Rupshi, Hitten Kumar, and the late Jacob Juma.
The late Jacob Juma was ordered to pay Ksh50 million in compensation for wrongfully occupying the prime land in Loresho and depriving the rightful owners, Ashok Shah and Hiten Kumar Raja, of their property rights.
Also Read: CS Wahome Temporarily Detained at Disputed Loresho Land
Business Run by to Ashok Rupshi Shah
Ashok is a serial businessman who owns 9 documented locally and globally renowned businesses. He has spent almost two decades in industrial development where he developed and sold a number of industrial properties.
He has been hailed by several prominent people including former President Uhuru Kenyatta, Narendra Modi, the Prime Minister of India among others.
These businesses include Greenspan Developers Limited, the development company that constructed a total of 350,000 square feet of warehouses on 12 Acre plots in 2 phases in Babadogo, Ruaraka. The site is known as Abacus Complex.
Also, Ashok owns Sky Mall Limited, an 85,000 square feet 5 Storey shopping mall with 60 car parks located in Parklands, Nairobi. Also, he owns Abacus Property Consultants Limited, a property management and consultancy company.
Additionally, he founded summer mount Holdings Limited, a company that was formed to hold a property asset including 7 acres in Lavington posh area of Nairobi, with an intent to build a luxury housing estate. The latest recorded market value of this property is Ksh1.75 billion.
Aside from real estate, his other ventures include Abacus Industries Limited, a company that manufactured electrical cables, Abacus Pharma Africa Limited, a company that manufactures and imports pharmaceutical products in Kenya, Uganda, Tanzania Rwanda, Burundi and South Sudan.
Also Read: Alice Wahome Fires Two Govt Officials on the Spot
At the same time, he owns Dhara Wholesalers Limited, a company supplying hardware and building materials and Abacus Computer Systems Limited an internet service provider which was known as Futurenet.
His Deal with the Government
In 2017, Ashok entered into a private and public partnership with the government of Kenya to construct a Ksh28 billion (USD 200 million) industrial park that would position Nairobi as a minerals Trading Hub in Central and Eastern Africa.
Ashok is the managing director of Infinity Industrial Park. The establishment was set to become the first Private Industrial Park in Kenya for Small and Medium Businesses (SMEs).
The Park is developed on a 200-acre parcel of land, centrally located off the Eastern Bypass, accessible by both Thika Superhighway and Mombasa Road.
The last detailed progress of the construction according to the Infinity Park Website was in 2022. The company indicated that it had completed the first phase of development.
“This year Infinity Industrial Park crossed its first milestone, completing the first phase of the development of the Industrial Park.
“This included basic infrastructure such as sewer and power connections as well as constructing our first cluster of 46 warehouses which are handed over and being occupied.
“Infinity Industrial Park also constructed its domestic police post and power sub-station,” it indicated.