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The manufacturing sector will benefit from Sh23 billion boost after a Kenyan firm Bico partnered with German machinery maker Liebherr Group to establish an assembly plant in Nairobi.
Speaking in Kilifi, Bico-Liebherr founder Andrew Malunga Buraje said they are finalising the necessary investment documentation before the plant is put up in Nairobi towards the end of this year. "We have put pen to paper and partnered with Liebherr Limited who are manufacturers of heavy machinery and hope to have assembly plant operational by mid-2016,'' Mr Buraje said.
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