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The Standard Group Plc is a
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NAIROBI, KENYA: Electronics maker Samsung has abandoned plans to put up an assembly plant in Kenya citing failure by Government to put in place mechanisms that would protect local manufacturers from cheap electronic imports.
The Korean firm had in the past said it planned to build a plant that would assemble television sets, laptops and printers, which would service the East and Central African regions. The plant was expected to be ready in 2014 but the company went silent on the plans.
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