CHINESE investors are set to heavily invest in the Rift Valley province after the peaceful March 4 polls. The investors who have withheld their prospect investments in the cement, hotel and travel industries till after the general election intend to explore different sites in the Rift Valley Province for business.
Speaking in Nakuru last week after officiating their collaboration with the Nakuru Business Association, the 20 Chinese investors from Henan province said the region has potential for a variety of lucrative business opportunities.
Soon after the election, the two associates will meet and deliberate on how to set up the investments in designated sites. "Kenya is not only a great country but it is also full of opportunities. Rift Valley itself offers our investors from Henan Province a wide variety of business opportunities," said Wang Runling, an official from Henan provincial government Foreign Affairs ministry, representing the investors.
Further, Runling said the cordial diplomatic relations that Kenya and China enjoy provides a more conducive ground for exchange of business and employment opportunities.
"We are glad that Kenyans are kind and friendly and this will make it possible for us to invest and carry out business feeling welcomed," Runling said.
The Nakuru Business Association secretary Joel Wanderi said the intended Chinese business ventures into the manufacturing industry will largely reduce the cost of production for local companies.
"We expect to see low prices attached to products that are made from our raw materials because they will be manufactured locally in the industries that we will be set up in collaboration with the Chinese investors," said Wanderi.