Kenya invites Chinese investors to boost its manufacturing sector, targeting 20% GDP contribution by 2030.
Kenya invites Chinese investors to participate in its growing manufacturing sector, seeking to raise the sector's GDP contribution from 7.5% to 20% by 2030. The government plans to build industrial parks in all 47 counties and has signed agreements, including with the EU, to expand markets for locally-made goods. China is Kenya's largest trading partner, and opportunities for investment are available in sectors such as textiles, leather, agribusiness, and pharmaceuticals.
May 13, 2024
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