02:33

Kenya's industrial expo opens with call for deepening commercial ties with China

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STORY: Kenya's industrial expo opens with call for deepening commercial ties with China
SHOOTING TIME: Sept. 12, 2024
DATELINE: Sept. 13, 2024
LENGTH: 00:02:33
LOCATION: Nairobi
CATEGORY: ECONOMY

SHOTLIST:
1. various of the expo
2. SOUNDBITE (English): KENNEDY ONDITI, National director at Kenya National Chamber of Commerce and Industry
3. various of the expo

STORYLINE:

The seventh edition of the International Industrial Expo opened in the Kenyan capital of Nairobi on Thursday.
   
Nearly 200 exhibitors, mostly from China, are participating in the three-day expo to showcase diverse products ranging from farm machinery, automotive parts, renewable energy solutions, leather and electronic devices.
  
Running under the theme of "Investing in Tomorrow-Trading for Prosperity," the expo seeks to inject vitality into Kenya's manufacturing sector, besides creating a platform for local investors to forge ties with their Chinese counterparts.
   
Afripeak Expo Kenya Limited has organized the event in conjunction with the Kenya Investment Authority (KenInvest) and Kenya National Chamber of Commerce and Industry, a business lobby.

Kennedy Onditi, national director at Kenya National Chamber of Commerce and Industry, said since its inception in 2018, the expo has unlocked trade and investments between China and Kenya, facilitated technology transfer and established joint ventures on product development.

SOUNDBITE (English): KENNEDY ONDITI, National director at Kenya National Chamber of Commerce and Industry
"We commit that we will promote and exchange of cooperation in education, investment, and enhance public-private partnership. We welcome Chinese business and investors to take advantage of our role as a gateway to the region to connect with the rest of Africa to support the AfCTA."

Onditi added that during the three-day expo, Kenyan and Chinese investors will have an opportunity to explore partnerships in agro-processing, green energy, construction and the digital economy.

Xinhua News Agency correspondents reporting from Nairobi.
(XHTV)

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