Investors urged to set up local plants

September 23, 2010

, NAIROBI, Kenya, Sep 23 – Vice President Kalonzo Musyoka has called on foreign manufacturers who intend to sell their products in Kenya to consider establishing assembling plants in the country to ensure constant supply and spare parts.

Mr Musyoka regretted that sometimes customers buy machinery and later fail to access spare parts and after-sales services locally.

“It is important that foreign investors selling their products in the country establish assembling lines so as to ensure those who buy them have spare parts readily available,” he said.

Mr Musyoka at the same time noted that by putting up such assembling points, investors would create additional employment opportunities for the ever rising Kenyan population.

The Vice President made the remarks at his Jogoo House Office when he met the African Sales Manager for Shan Dongfoton  Lovol Heavy Industry International Trade Company Alex Li.

Mr Musyoka commended Dongfoton Industry for manufacturing high quality tractors and said Kenya can make a good sales destination with its strategic position in the East African region.

Mr Li assured that when all the necessary processes for the company to invest in Kenya are finalised, an assembling plant would be established.

He said already 70 tractors have been delivered into the country this year and more would be shipped soon as the sales pick up.

Meanwhile, the Vice President has congratulated John Waibochi who recently won the global Nokia Growth Economy Venture Challenge.

Mr Waibochi and his Virtual City Company won the award for creating a mobile distributor solution targeting small businesses.

Small businesses can make transactions and payments through mobile telephony using the innovation, where they make orders, sales, delivery and payments.

The Vice President said there was need to come up with a proper system of recognising the country’s heroes like young innovators.

He said by doing so young enterprising individuals would be motivated to do even better and compete internationally.

Mr Musyoka noted that with the use of modern technological innovations, many developing countries would revolutionise their economies and help fight poverty.



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