REAL ESTATE

Seeing more prospects in Kenya, Caterpillar digs in for more business

Share
US Ambassador to Kenya Robert Godec with Caterpillar Group President Rob B Charter during an event hosted by official CAT dealers Mantrac Kenya Ltd.
Share

Mantrac Kenya Ltd, the sole authorised dealer for Caterpillar products in Kenya, hosted one of the Group Presidents of Caterpillar, Rob Charter.

Speaking at the event, Rob acknowledged that Africa has a large growth potential with the fastest growing middle class worldwide.

Dynamic private sector

Being his first visit to the continent, he added that the company’s focus on Kenya as a key market was from findings from the World Bank and other international institutions on Kenya having the potential to be one of Africa’s great success stories from its growing youthful population, a dynamic private sector, and its pivotal role in East Africa.

“It is in this regard that to support Africa’s growth, we made a commitment with our dealers and with the CAT Foundation to invest more than $1 billion in Africa (2017 – 2021) into (among others) component rebuild centers, service facilities, logistics facilities and education and skills development,” he reiterated.

SEE ALSO: Logistics firm give Kenya grade A warehouses

On his part the Chief Executive Officer of Mantrac Group, Mr Loutfy Mansour, reiterated the group’s readiness to continuously invest in the Kenya business to better support customers who have been with them over the years with innovative a diverse offering to suit industry trends.

Rob was in the country together with Vice President of Caterpillar Wai Man Raymond Chan and Group CEO of Mantrac Group Loutfy Mansour.

On the product side, in Kenya will be launching the new 426F Backhoe Loader sourced from India.

NEXT READ: How to teach children money matters

Mantrac Kenya provides a complete range of Caterpillar Construction Equipment. This includes General Contracting, Road Building, Land Reclamation, Quarries and Agricultural projects and many more.

Mantrac Kenya Limited is also part of the giant Mantrac Group which holds the Caterpillar dealerships in Egypt, Nigeria, Sierra Leone, Liberia, Ghana, Tanzania, Uganda, Iraq and in the Western Siberia region of Russia. Being part of an international network gives a competitive edge in product delivery and service support.

[crp]

Written by
BT Reporter -

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Your email address will not be published.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
Real estate investment returns in kenya
REAL ESTATESELF-HELP

Real Estate Investment Returns Better than Stocks and Bonds

Real estate offers several compelling advantages for investors looking to diversify their...

Affordable housing units in Kenya
NEWSREAL ESTATE

Govt Kicks off Process for Kenyans to Acquire Units Under Affordable Housing

The Kenya Government has kicked off a series of open days across...

Shelter Afrique African Union MoU
REAL ESTATE

Shelter Afrique, African Union Sign Landmark MoU on Housing and Urban Development

Shelter Afrique Development Bank (ShafDB) and the African Union (AU) have signed...

What is the Land Transfer Process in Kenya
REAL ESTATE

What is the Land Transfer Process in Kenya?

Understanding the land transfer process in Kenya will streamline the procedure and...