Expo a vital opportunity for Kenyan businesses

As Kenya looks into industrialization to grow its economy, Chinese businesspeople, especially those manufacturing industrial machines in partnership with Kenyans, could help propel the country's manufacturing sector to new heights, industry players and government agencies have said.

Under Kenya's Vision 2030, the manufacturing sector has been identified as the key driver for economic growth and development due to its potential to create jobs and wealth, as well as its potential to realize the Sustainable Development Goals.

The sector players and government agencies termed the upcoming seventh edition of the Kenya International Industrial Expo, also known as the Kenya Investment and Trade Fair 2024, as a platform for the China-Kenya businesspeople to foster partnerships that will facilitate the country's manufacturing sector.

Key platform

Gao Wei, managing director of Afripeak Expo Kenya, the expo organizer, said the event, to be held from Sept 12 to Sept 14, is a vital platform for connecting local businesses with international partners, facilitating knowledge exchange and promoting the adoption of cutting-edge technologies.

"As we look to the future, the expo will play a crucial role in supporting East Africa's journey toward becoming a leading industrial hub on the continent," he said.

Gao said the expo, which brings together industry leaders, policymakers, entrepreneurs and innovators from around the world, is a testament to a shared commitment to driving the industrialization agenda forward.

"By bringing together stakeholders from diverse industries and regions, the expo facilitates the exchange of ideas, technologies and best practices essential for driving industrial growth," he added.

Gao said 192 companies will be exhibiting their products, of which 70 percent will be Chinese companies, 15 percent local companies and the remaining from the neighboring countries.

Cynthia Kamau, the national director and chamber person of the labor migration committee at the Kenya National Chamber of Commerce and Industry, said the expo promises to be a milestone in Kenya's industrial and economic journey.

She said the expo presents a unique opportunity for Kenyan businesses to find joint venture partners and expand their market reach.

"As we continue to strengthen our bilateral trade relations, this platform will play a critical role in fostering new partnerships that can drive innovation, enhance productivity, and create jobs in our local economy," Kamau said.

"We believe that the collaboration between Kenyan and international businesses will yield transformative results, not just for our industries but for our broader economic landscape."