Kenya eyes Sh5 billion direct investment from China through expo

June Chepkemei,managing director Kenya Investment Authority making her remarks during the 6th Kenya International industry expo on September 11, 2023. [Edward Kiplimo, Standard]

Kenya is targeting additional Sh5 billion investment from China as the country prepares to host 200 businesses from the Asian nation in the upcoming Kenya International Industrial Expo.

Kenya Investment Authority (KenInvest) Managing Director June Chepkemei said foreign direct investment (FDI) from China currently stands at $348 million (Sh48.7 billion) "and we want to increase that by 10 per cent."