KEPSA, the Guangdong Association in Kenya and other relevant stakeholders on 12th June 2018 hosted Kenyan and Chinese delegates for the Guangzhou and Foshan-Kenya Business Forum at the Intercontinental Hotel in Nairobi. The forum sought to provide business representatives and government officials with a platform to discuss key areas such as; how Kenya and China could expand economic and trade exchanges, promote the balanced development of trade, expand the investment field and develop potential business opportunities.
KEPSA Deputy CEO Ms. Rachel Muthoga, speaking at the event, acknowledged the existing partnership between KEPSA and the Kenya Chinese Economic and Trade Association (KCETA) through a signed MoU to propel trade between Kenyan and China. She called upon Chinese investors to tap into major infrastructure projects such as LAPSSET and NCIP, assuring them of KEPSA’s continued support in facilitating those keen to invest in Kenya by facilitating linkages, providing information and other key services that would simplify entry into the Kenyan market.
The Cabinet Secretary for the Ministry of Industry, Investments and Trade, Mr. Adan Mohamed, encouraged Chinese investors to take advantage of fiscal and infrastructure development incentives currently being offered by the Kenyan government in a bid to make Kenya a low cost manufacturing destination. He noted that Kenya had launched its first special economic zone offering investors renowned infrastructure to manufacture goods for local and international markets. “We want Chinese manufacturers to help Kenya achieve its goal of becoming a leading exporter of merchandise to the rest of the world,” Mr. Mohamed said. Manufacturing has been identified as one of the key focus areas that will help Kenya achieve middle income status.
The forum was part of the China Trade Week in Kenya where manufacturers from Guangzhou and Foshan region, China were promoting their goods and services in the Kenyan market.