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Italian automaker makes comeback with Sh2.3b assembly plant

Tax incentives are attracting automobile firms into the Kenyan market, with Italian automaker Iveco being the latest to set up an assembly line for light and heavy commercial vehicles.

Iveco is set to roll out its first locally assembled Trakker by July this year at its Sh2.3 billion plant in Mombasa in a partnership with Global Motors Centre (GMC).

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