Announcements

Job offersmore »

Tweeting Growers

Last commentsmore »

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »




Kenya: Chinese investors plan to establish flower farms in Naivasha

Nakuru, the fourth largest town in Kenya, is increasingly becoming an attractive business destination for Chinese investors.

Growing interest in the county, according to the local leaders, indicate the great economic potential yet to be fully explored in the area.

And so the Chinese collaboration with Nakuru government to enhance rate of development in the county viewed as the capital city of the Rift Valley is a welcome partnership.

Sectors of energy, hospitality, health and floriculture include those that the Chinese seek to invest in the county expanding employment opportunities and gross annual revenue.

In the floriculture sector, Julong Group of Companies and Oriental Agricultural recently expressed plans to establish flower farms in Naivasha, an area in Nakuru County producing more than 75 percent of the cut flowers exported from the country.

"With the Chinese in the flower sector, we will have a new dimension in the industry and perhaps learn some tips on how to boost of our productivity," said Kamau Njuguna, the Kenya National Chambers of Commerce and Industry, Nakuru County Chapter chairman.

According to Kamau, the Chinese would produce high quality flowers to be sold in China and Japan.

Click here to read the complete article at www.coastweek.com.

Publication date: 8/24/2015

 


 

Other news in this sector:

1/15/2018 "Kenya to step up efforts to access South African market"
1/12/2018 FloraHolland market information: less supply at Christmas
1/12/2018 Kenya moves to secure post-Brexit trade deals with the UK
1/12/2018 "Most flower companies in Kenya don't pay taxes there"
1/12/2018 Japan cut flowers: decreasing production, increasing exports
1/10/2018 Zimbabwe: Government targets EU market for flowers
1/10/2018 South Korea: Flowering tea growing in popularity
1/9/2018 Hong Kong: Flower prices shoot up after typhoons
1/9/2018 Europe gears up for tulip season
1/8/2018 India: Event to boost trade, help farmers
1/8/2018 India: "Each family should take up floriculture"
1/8/2018 US: What's happening to profit margins?
1/5/2018 Colombia: Growers optimistic about Valentine's Day
1/4/2018 Nigeria: Tin Can records 150% increase in agro exports
1/4/2018 CAN (ON): Minimum wage is now $14 an hour
1/4/2018 "25% annual production growth Mexican phalaenopsis"
1/3/2018 Ecuador: Flowers duty increases
1/3/2018 Our 10 most read articles of 2017
1/2/2018 US: Grants for Indiana's specialty crops
1/2/2018 US (MI): Sustaining the economic viability of farm operations

 

Leave a comment: (max. 500 characters)

  1. All comments which are not related to the article contents will be removed.
  2. All comments with non-related commercial content, will be removed.
  3. All comments with offensive language, will be removed.




  Display email address

  new code