Visiting Japanese investors eye agricultural sector

 By Ruth Mutegi

A delegation from Japan is in Kenya to explore investment opportunities especially in the agriculture sector.

SUMITOMO Chemical group, led by its executive Vice President Yoshimasa Takao is interested in investing in the production of liquid fertilizers, agricultural pesticides as well as horticultural inputs.

The group becomes the second Japanese company after Toyota Tshusho to show interest in the agriculture sector. The firm is specifically interested in the production of liquid fertilizer, agricultural pesticides and other horticultural inputs.

Keninvest Managing Director Moses Ikiara says the Authority plans to review and develop a national investment policy to boost investments in Kenya. Sumitomo chemical is also interested in the Export Processing Zone.

Over the last five years, Japanese companies have found their way into the Kenyan market with investments ranging from the auto industry, to Agriculture and ICT infrastructure.

1 Comment

  1. Aremania Ekoone
    July 23, 2014

    hey Japanese firm,come Turkana we need your interest…