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CIFIT promotional team visits Kenya

     chinadaily     2017-6-20 16:32:00    

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A delegation from the 2017 China International Fair for Investment and Trade (CIFIT) recently traveled to Kenya to promote the event.

 

 

The delegates were in Kenya on June 12 and 13, stopping first at the administrative authority of Kenya's Export Processing Zones. The delegates had a meeting with the authority’s executive chairman, Fanuel Kidenda, who told them he had received the letter inviting the Kenyans to the fair and that he hoped to push forward the newly elected government’s participation by making it the government’s first foreign economic and trade activity since the general election in August.

 

 

Kenyan attendees, including the heads of the local investment promotion agency, inquired about the details of renting booths and transporting exhibits, showing clear intentions of participating in the fair, which will be held in Xiamen in September.

 

The team then visited Kenya Investment Authority (KenInvest) and was briefed on the current economic situation by a manager in charge of investment promotion.

 

 

According to the manager, small and medium-sized enterprises contributed about 30 percent of Kenya's GDP and will be the main sector participating in the fair.

 

KenInvest will lead other relevant organizations in attending the event, the manager added.

 

In the afternoon, the team went to the Chinese embassy in Nairobi, where they learned about Kenya’s political and economic environment and Chinese investment in the country from the economic and commercial counsellor, Guo Ce.

 

 

Guo also gave suggestions on investment for Chinese enterprises.

 

After the visit, the team visited China Wuyi Co, Fujian province’s largest investor in Kenya. They had a meeting with the Kenya-China Economic and Trade Association and communicated with members of several domestic enterprises, including China Railway Construction Corporation, Aviation Industry Corporation of China, and China Water Industry Group.

 

The association said it would invite Kenyan companies to take part in the CIFIT.

 


 
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