FEATURED STORY

Kenya sends strong delegation to woo Turkish leather investors

Share
Share

Just a week after the government announced plans to build a Ksh17million leather factory in Athi River, a strong delegation is currently in Turkey to woo investors to the sector deemed crucial to helping the country tame the swelling rates of unemployment.

Cabinet Secretary for Industrialization and Enterprise Development Adan Mohamed is leading the team in Turkey and is set to meet investors as well as industrialists to market the country as a perfect investor destination. Speaking when he met the president of the Turkey Leather Industries Association Mr Erdal Matras, the CS noted that, “Kenya is offering a world class investment location with the proposed Leather Zone and we encourage global players based in Turkey to invest in Kenya.”

The investor session was attended by a 30 member strong delegation of investors in tanning, footwear, garments and saddlery from Turkey. The Cabinet Secretary is accompanied on the trip by the Export Processing Zones Authority (EPZA) officials, MPs and Kenya’s Ambassador to Turkey and former Mutitu MP, Kiema Kilonzo.

Once revived, the sector is likely to create over 1.5 million jobs. Initial plans have been put in place and the sector is ready for take-off with the planned Athi River leather factory being one of the measures the government has put in place.

“We are giving land and infrastructure to investors and it will be prudent if all tanneries located across the country come to Athi River where infrastructure will be shared hence killing uncertainties about the future of the leather industry,” the CS was quoted saying during announcement of the plan to build the leather factory.

The ground-breaking ceremony is slated for February and the government is urging investors to get a slice of the land and in turn help spur development in the sector.

Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
The Origins of Commercial Banking in Kenya
ECONOMYFEATURED STORY

The Origins of Commercial Banking in Kenya

Kenya is rich in type, number and sophistication of financial institutions. The...

What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme
FEATURED STORYNEWS

What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme

The nationwide livestock vaccination programme “against diseases,” planned for January next year,...

2024 SkyTeam Aviation Challenge
FEATURED STORY

Kenya Airways Shortlisted for 2024 SkyTeam Aviation Challenge

Kenya Airways (KQ) is the only African airline that has been shortlisted...

Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...