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Monday, 07 September 2015

Kenya: Chinese investors explore floriculture

Chinese investors are increasingly interested to explore the floriculture sector in Kenya. Most recently, Nakuru, the fourth largest town in Kenya, has been identified as an attractive business destination for Chinese investors. In the floriculture sector, Julong Group of Companies and Oriental Agricultural plan to establish flower farms in Naivasha, an area in Nakuru County producing more than 75 % of the cut flowers exported from the country. According to Kamau Njuguna, the Kenya National Chambers of Commerce and Industry, Nakuru County Chapter chairman "With the Chinese in the flower sector, we will have a new dimension in the industry and perhaps learn some tips on how to boost of our productivity." They intend to  produce high quality flowers to be sold in China and Japan.

Source: floradaily.com