Chinese investors pledge to create jobs in Kisumu
By KNA, June 15, 2023A team of Chinese investors has expressed interest in scaling up the manufacturing of building materials and internal decoration products in Kisumu County.
This follows the successful establishment of KEDA Ceramics Company in the area by Chinese investors, which opened its doors last year.
The investors, operating under the umbrella of China Lesso Group Holdings, aim to leverage on the success of KEDA Ceramics to manufacture diversified building materials and products.
China Lesso Group Holdings Limited Chairman Wong Luen Hei led a team of 14 investors from Hong Kong on Monday to explore investment opportunities in the lakeside city.
Speaking during a courtesy call on Kisumu Deputy Governor Mathew Owili, Hei said the investors were keen on setting up plants on the 150-acre piece of land owned by KEDA Group in Miwani to venture in manufacturing.
Livelihoods
The investors, he added, will specialise in the manufacturing of pipes and fittings, interior decoration products and home furnishing materials and play an active role in the supply chain and environmental conservation.
Hei said the initiative intends to create job opportunities for the youth and improve the livelihoods.
“We started by investing in ceramics production seven years ago in Kajiado. In 2021, we expanded to Kisumu. From the implementation of the first production line here, we have seen a big potential and market in Kisumu and the neighbouring counties,” he said.
Through the new investments, the Company targets doubling its investment in Kisumu to create more opportunities for locals.
Owili lauded the initiative, saying it would open up the County for development, besides creating job opportunities for the youth.
“KEDA Ceramics has been in the country for seven years. They entered Kisumu in 2021 and started operations in 2022, employing thousands of people, both directly and indirectly,” said the Deputy Governor.