A delegation of Chinese investors has arrived in Kenya to explore fresh investment opportunities in infrastructure development and agriculture, as Nairobi deepens economic ties with Beijing.
The visit, confirmed by officials on Thursday, is being led by Mr Martin Hang, Founder and Chairman of Fortune Generation, a Chinese business lobby group. Hang said Chinese firms remain key players in supporting Kenya’s infrastructure expansion and strengthening its food security.
“For Chinese investors, Kenya provides a favourable policy environment, making it an attractive destination for foreign direct investment,” Hang said during an engagement with Kenyan investment officials.
He is heading a trade mission made up of representatives from 16 Chinese companies seeking partnerships and investment openings across various sectors of the Kenyan economy.
According to Hang, Chinese investors possess the technical expertise and financial muscle required to support the construction of modern roads, seaports and power generation facilities, all of which are critical to Kenya’s long-term economic growth.
On the agricultural front, Kenya is looking to tap into China’s experience in value addition and agro-processing to boost earnings from farm produce.
Mr Moses Kipkebut, Acting General Manager for Investment and Corporate Communications at the state-owned Export Processing Zones Authority (EPZA), said the government has rolled out tax incentives within export processing zones to attract foreign investors.
He noted that the incentives are aimed at positioning Kenya as a regional hub for agro-processing and manufacturing, while also creating jobs and expanding export earnings.
Similarly, Mr Michael Ngugi, Trade Development Officer at the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) Corridor Development Authority, said Kenya is keen to leverage Chinese investment in expanding road and railway infrastructure under the regional corridor project.
Ngugi explained that improved transport links under the LAPSSET corridor would significantly cut logistics costs and enhance trade flows across East Africa.
The renewed interest from Chinese investors comes as Kenya intensifies efforts to attract foreign capital to drive infrastructure growth, industrialisation and agricultural transformation.