NAIROBI, April 8 (Xinhua) -- China is a positive force in the economy of Kenya, said the chief of the Micro, Small and Medium Enterprise (MSME) Alliance of Kenya, the umbrella body of small entrepreneurs, at a business forum here Monday.
Ben Mutahi, the chairperson of the MSME Alliance of Kenya, told journalists in Nairobi, the capital of Kenya, that China has emerged as the preferred source country for electronic goods, textiles, cosmetics, vehicle accessories and machinery.
"Chinese goods dominate the Kenyan market as consumers prefer them as they are suited to the tastes of consumers and are also affordable," said Mutahi during the business forum organized by I&M Bank Kenya.
According to Mutahi, Chinese factories can manufacture large quantities of goods to Kenyan specifications in 30 days, compared to other countries, which usually take more than 60 days.
He noted that merchandise once at the port of exit in China can arrive at the Kenyan port of Mombasa in 21 days due to the presence of many shipping lines that ply the route between the Asian nation and Kenya.
Data from the Kenya National Bureau of Statistics indicated that imports from China hit 3.48 billion U.S. dollars in 2022, accounting for 18.2 percent of Kenya's total import bill that year. ■
Related articles:
Related suggestion:
Prince Louis wore Prince George's £25 handDelhi survives Rashid's onslaught to beat Gujarat by 4 runs in IPLJudge to probe corruption accusation against wife of Spain's leader filed by rightBiden administration is announcing plans for up to 12 lease sales for offshore wind energyDelhi survives Rashid's onslaught to beat Gujarat by 4 runs in IPLThe family of imprisoned Belarusian opposition figure hasn't heard from her for over 400 daysJury sides with school system in suit accusing it of ignoring middleProtests at US campuses are pressing colleges to cut financial ties with IsraelPakistan and Iran vow to enhance efforts at a 'united front' against AfghanistanTwo Premier League stars, both 19, arrested in a rape probe are 'suspended by their club'
2.7696s , 6500.40625 kb
Copyright © 2024 Powered by China is positive force in Kenya's economy: Kenyan business leader ,Culture Channel news portal