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Kenya: Chinese investors plan to establish flower farms in NaivashaNakuru, 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
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