1. Text: | Print|

      Investors interested in Kenya

      2013-08-21 08:44 China Daily Web Editor: qindexing
      1

      An increasing number of Chinese companies are seeking business opportunities in Kenya, amid the African country's efforts to push ahead with industrialization.

      Chinese investors are eyeing sectors such as property, tourism, hotel and infrastructure construction in east Africa's largest economy.

      Yu Wu, director of investment and business development at Beijing Hasan International Investment Management Co Ltd, told China Daily that Chinese firms are showing great interest in the country, especially in sectors related to tourism.

      "Investing in Africa, including Kenya, has great potential and we feel lucky that we're going there earlier and have found many business opportunities," said Yu at the Kenya-China Investment and Business Forum, held in Beijing on Tuesday.

      According to Yu, his company has already developed four property projects in Angola and one in Ghana, and is now mulling new opportunities in Kenya.

      "Real estate and hotel companies are the most optimistic in Kenya, and we have seen many successful instances of Chinese companies there," said Liu Jianguo, executive director of agriculture and real estate investments at the China-Africa Development Fund.

      CAD Fund is China's largest equity investment fund focusing on African investment, which is backed by the China Development Bank.

      Industry leaders in Kenya include China Jiangxi Corp for International Economic and Technical Cooperation, Jingu Group and Fujian Construction Engineering Group, which have already invested in property and infrastructure projects there and have accumulated lots of experience.

      Fred Simiyu, managing director at the Kenyatta International Convention Center, said that there's strong demand for conference facilities in the country.

      "The convention market is very hot in Kenya, but the country only has one convention center, the Kenyatta International Convention Center, so demand greatly exceeds supply," Simiyu said.

      According to Simiyu, Kenya's tourism resources make it a good choice to hold conventions. Last year, 288 conventions, including 29 international ones were held in the country.

      Besides Nairobi, the coastal cities of Mombasa and Kisumu are also perfect places to build convention facilities, he said.

      Kenya's new President Uhuru Kenyatta also attended the forum on Tuesday, indicating the importance of the country's trade mission to China and the key role his government is playing in boosting bilateral trade between the two countries.

      Kenyatta is on a state visit to China scheduled, running from Sunday to Friday.

      The country signed deals worth $5 billion with China on Monday to build a railway line and an energy project.

      Funds will be spent on energy projects and on a standard-gauge railway linking the port of Mombasa to the border town of Malaba.

      The average annual growth of bilateral trade between the two countries has been 30 percent in recent years, and the value last year totaled $2.84 billion, according to data from the Embassy of China in Kenya.

      By the end of June, China's direct investment in Kenya was at $474 million.

      China is Kenya's second-largest trade partner.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 中文字幕不卡免费高清视频| 最近2019中文免费字幕在线观看| 在线亚洲精品自拍| 免费国产黄网站在线观看视频| 亚洲中文字幕久久精品蜜桃| 亚洲一级特黄大片无码毛片| 99久久人妻精品免费二区| WWW亚洲色大成网络.COM| 亚洲韩国精品无码一区二区三区| 性做久久久久久久免费看| www成人免费观看网站| 亚洲丝袜中文字幕| 亚洲熟妇无码AV在线播放| 999国内精品永久免费视频| 亚洲免费一区二区| 亚洲天堂免费在线| 亚洲无人区一区二区三区| 免费看美女被靠到爽| 久久久久国色av免费看| 看免费毛片天天看| 亚洲网站在线观看| 亚洲日韩人妻第一页| 成年女人视频网站免费m| 精品成人免费自拍视频| 国产亚洲综合久久| 亚洲中文字幕一二三四区苍井空| 久久精品视频亚洲| 狠狠色婷婷狠狠狠亚洲综合| 成人毛片免费在线观看| 99re免费99re在线视频手机版| 九九久久精品国产免费看小说 | 日韩一区二区三区免费体验| 男人的天堂网免费网站| 日日摸夜夜添夜夜免费视频| 亚洲中文精品久久久久久不卡| 亚洲狠狠久久综合一区77777| 久久久久亚洲AV成人网| 日韩a级毛片免费视频| 插B内射18免费视频| 国产香蕉免费精品视频| 99久9在线|免费|