Kenya, China Sign Sh63 Billion Business Deals for ICT, Pharmaceutical, Engineering

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Kenya and China have signed business deals worth Sh63 billion covering an array of sectors including ICT, pharmaceuticals as well as engineering.

The signing was done during the Kenya-China investment forum hosted by President William Ruto on the sidelines of the Third Belt and Road Forum in Beijing, China.

"These deals demonstrate the investors' strong faith in China's visionary Belt and Road Initiative, show profound faith in the dynamic Kenya-China Strategic Comprehensive Partnership, and exhibit tremendous confidence in Kenya's bottom-up economic transformation agenda. "I also recognise the astute entrepreneurs, including Inner Mongolia Mingxu Electric Power Engineering Co. Ltd, Dongfeng Vinci Automobile Co. Limited, Guangdong Qiya Exhibition Co. Ltd, and Gaochuang Import and Export,"he added.

 

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