NAIROBI, Kenya, May 6 – Global apparel and footwear manufacturer Youngone will set up an apparel and footwear factoryat the Athi River Export Processing Zone.
This was announced yesterday by Cabinet Secretary for the Ministry of Trade and Industrialization, Rebecca Miano.
Upon completion, the company is set to create 2,500 job opportunities for Kenyans.
The Export Processing Zones Authority (EPZA) received a manufacturing application form with all the required attachments from Youngone Kenya EPZ Limited (Proposed) by April 21, 2024, and issued an approval in principle letter on 25, 2024.
This comes as the government, through the Ministry of Trade, has been seeking more investors in the textile industry to drive local production while creating more jobs for its citizens.
Youngone Corporation, a South Korean firm, is set to be the first ever synthetic fibre manufacturer with a base in Africa, using Kenya as the launch pad, with an initial investment of $40 million.
Youngone intends to start a vertically integrated manufacturing factory, from knitting to dyeing to the manufacturing of garments.
The first phase is expected to start production in the first quarter of 2025 with approximately 2500 employees.
Founded in 1974, Youngone Corporation is a premier performance and outdoor apparel, footwear, and accessories manufacturer.
The corporation owns and operates production facilities in Bangladesh, Vietnam, and El Salvador, with more than 80,000 people directly employed.
Youngone’s integrated system has enabled them to play an important role in the socio-economic development of the countries they work in.
