Danish brewer to set up in Naivasha
News
By
Macharia Kamau
| Dec 12, 2019
A Danish brewer and maker of Tuborg and Carlsberg beers is set to invest $45 million (Sh4.5 billion) in a factory in Naivasha.
The Ministry of Trade said on Tuesday that the Danish Brewing Company had agreed to be the anchor tenant at the planned Industrial Park Naivasha and expects that to pull in other investors.
The firm will produce Tuborg, Carlsberg, Holsten, and Kronenbourg beers, as well as Somersby Cider at the factory, whose access has been made easy by the extension of the Standard Gauge Railway.
The brewer recently started aggressively marketing its products in Kenya and production locally is expected to increase competition in the beer market, where East African Breweries Limited and Keroche Breweries are among major players.
“The investment they will bring to the park is valued at $45 million where the company will establish a brewery that – once fully operational – will produce 12-15million cases of beer a year and directly employ 350 Kenyans,” said Trade Cabinet Secretary Peter Munya.
READ MORE
Motorists to bear the brunt as pump prices jump by Sh28 per litre
IMF cuts 2026 global growth forecast on Mideast war
Stanchart clashes with pensioners, RBA in Sh7 billion payout battle
Women urged to take up leadership in supply chain sector
To unlock potential, Africa must embrace intergenerational leadership
Why local BPO sector stands out among its regional peers
IMF boss warns global system not ready for AI cyber threats
State threatens to revoke licenses of 13,000 Saccos over non-compliance
Kenya tightens grip on crypto with Sh500m capital rule
New law aims to protect internal auditors, strengthen public oversight
“It will also produce beverages using sorghum sourced locally from their recently launched farmers outreach programme, where they will contract 17,000 farmers.”