NAIROBI (Xinhua) --
Kenya hopes more Chinese investors will come to
the east African country to boost its industrial capacity,
officials said on Wednesday.
Peter Munya, cabinet
secretary in the ministry of trade, industry and cooperatives,
told a trade forum in Nairobi that so far approximately 400
Chinese businesses are operating in the country with positive
results for Kenya’s economy.
“We are actively
pursuing Chinese investors who can benefit from the
opportunities presented in the special economic zones and export
processing zones to help Kenya expand its industrial base,”
Munya said during the opening ceremony of the China-Kenya
Industrial Capacity Cooperation Expo.
The four-day event
has attracted 81 mega-enterprises from China to showcase the
latest technologies in infrastructure, energy, machinery and
equipment, agricultural processing as well as in transportation
Munya said that
Kenya’s manufacturing sector has averaged less than 10 percent
of gross domestic product (GDP) in the past five years due to
high production costs as well as competition from imported
He said that
manufacturing has been identified as one of the four pillars of
President Uhuru Kenyatta’s Big Four Agenda due to its huge
impact on job creation and foreign exchange earnings potential.
The country lacks
the necessary capital to set up large-scale manufacturing plants
that can produce globally competitive goods, he said.
“We are therefore
keen to partner with foreign investors including the Chinese to
help Kenya accelerate its industrialization process,” he said.
He noted that a
number of Chinese investors have expressed interest in investing
in the agro-processing, cement, steel, leather and textile
Munya said studies
have indicated that countries which attract foreign direct
investment achieve faster economic growth as compared to those
with closed economies.
Guo Ce, economic and
commercial counsellor at the embassy of China in Kenya, said
that the China-Kenya Industrial Capacity Expo is set to provide
a unique platform for both government and private sectors from
the two countries to cooperate in the area of manufacturing.
Guo said that
Chinese enterprises have come to participate in the expo where
seminars and exchange activities will be undertaken for
enterprises to showcase their accomplishments and exchange
The Chinese diplomat
urged Kenyan enterprises to use the expo to generate business
deals with Chinese enterprises.
He noted that as the
Chinese market is opening wider and wider, more and more Kenya
products will be exported to China with the support of upgraded
manufacturing and agri-processing capacity.
cooperation deepening, and Kenya attracting more Chinese
investment, I also hope that Kenya will have its business
environment improved, aiming to build itself not only as the
perfect destination for tourists, but also as the friendly and
attractive destination for foreign investment,” he said.
Organizer of the
expo, China International Exhibition Center (CIEC), said that in
December 2017, with the support from the governments and
business organizations of both China and Kenya, China Council
for the Promotion of International Trade (CCPIT) held the first
expo in Nairobi.
Wang Xiaoguang, head
of exhibition delegation and vice president of CIEC, said that
the expo has become a new platform for Sino-African economic and
trade cooperation in the new era.
Wang said that in
the future, CCPIT will make full use of the expo to deepen
mutual benefit and cooperation as well as enhance the friendship
between China and Kenya.
Chinese firms seek trade and
investment opportunities in Zimbabwe
HARARE Zimbabwe (Xinhua) --
Zimbabwe on Wednesday held an investment forum
for a visiting business delegation from China’s Anhui Province
that is seeking trade and investment opportunities in the
minister of industry and commerce Raj Modi urged the Chinese
firms to take advantage of Zimbabwe’s improving business
environment to invest in various sectors of the country’s
He said Zimbabwe was
keen to partner with Chinese firms to build its industrial
capacity to export processed goods so that it can achieve its
vision of becoming a middle income economy by 2030.
“I invite investors
from China to partner us in the development of special economic
zones and in exploring investment opportunities in Zimbabwe. I
believe that the interaction between our two business
delegations will bring opportunities for our two countries to
foster economic and trade cooperation in various fields,” Modi
said while opening the investment forum.
d’affaires in Zimbabwe Zhao Baogang said Zimbabwean government’s
commitment to reform and opening up should encourage more
Chinese companies to tap abundant investment opportunities in
the southern African country.
Emmerson Mnangagwa is running on the mantra “Zimbabwe is open
for business” as he seeks to woo foreign investment that is
critical to the revival and growth of the economy.
Zhao said the
Zimbabwean government’s zero tolerance to corruption would also
help lure foreign investment.
entrepreneurs from China could tap the potential of the good
polices being implemented by Zimbabwe to invest in the country,”
promotion body chief executive Allan Majuru said Zimbabwe needs
Chinese investment to develop its capacity to produce
high-quality and sustainable exports.
delegation is being led by Anhui Province deputy governor Zhou
Xi’an, who has since voiced China’s willingness to help Zimbabwe
establish an agricultural hub for value addition and
beneficiation of its agricultural produce.
Meanwhile, the two
sides signed Memoranda of Understanding on the construction of a
dam and auto assembly plant in Zimbabwe by Anhui Shui’an
Construction Group and JAC Auto, respectively.
Uganda steps up efforts to
attract Chinese tourists
KAMPALA Uganda (Xinhua) --
Tourism officials in Uganda on Monday said they
have stepped up efforts to attract more Chinese tourists to the
east African country.
chairperson Uganda Tourism Board, a government agency charged
with the promotion of tourism, told Xinhua by telephone on
Monday that the government is in the process of hiring an
international public relations firm to market Uganda in China.
Migereko said they
had chosen to put in more effort in marketing in China because
it is one of the major sources of tourists in the world.
“The Chinese tour in
big numbers and spend more time whenever they visit compared to
tourists from other countries. The more time they spend, the
more money our country will earn from them,” Migereko said.
He also said
Uganda’s choice to focus on China was informed by the growing
economy of the Asian country as well as its special interest in
“The Chinese have
toured all the other continents in the world and now they have
special interest in Africa. They come as tourists but also as
investors. So we need to up our game and ensure that we market
Uganda as special country within Africa where they can come and
enjoy their holidays,” Migereko noted.
The public relations
firm is expected to liaise with tour operators in China,
airlines and other companies to promote Uganda’s tourism
already Uganda’s embassy in China and its consulate in Guangzhou
are doing some work to market the country.
There are no readily
available figures to show the number of Chinese tourists who
Uganda also uses
public relations firms to market the country in Europe and the
The country earns
about 1.5 billion U.S. dollars annually from tourism and expects
the figure to double by 2020.
Uganda assures Chinese
investors of security after series of attacks
ENTEBBE Uganda (Xinhua) --
Ugandan President Yoweri Museveni on Wednesday
announced new security measures to protect the Chinese business
community that has faced a series of gang attacks.
While meeting the
business community at State House Entebbe, 40 km south of the
capital Kampala, Museveni said that military units will be
deployed at Chinese industrial parks from where they can be
called upon in case of an attack.
Museveni told the
meeting, which was also attended by Chinese ambassador to Uganda
Zheng Zhuqiang and Uganda’s top security chiefs, that factories
not in industrial parks will be guarded by police.
He said there should
be a communication link between the Chinese factories and the
police to enable quick reaction in case of an attack.
“I am not very
worried about this crime, I know we shall solve it,” Museveni
He said since the
operation will be military-led, laxity by any security officer
would not be acceptable.
security guards will be treated as soldiers. Therefore the
relaxed way will no longer be there,” Museveni said.
He said the new
measures will complement those already in place like installing
cameras in towns and major highways.
The military has
also deployed troops in Kampala to fight crimes.
Museveni urged the
investors not to be discouraged by the recent robberies, noting
that there are a lot of business opportunities in Uganda.
The meeting was held
only a day after Ambassador Zheng handed Museveni the petition
by the business community calling for urgent action against the
increased attacks that have left some of its members seriously
have set up several industrial parks across the east African
country. China is also financing major infrastructure projects
such as the Karuma and Isimba hydropower plants, and the
expansion of Entebbe International Airport, the country’s
gateway to the rest of the world.