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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

China Wuyi confirms plans to build $95m Mombasa Industrial Park

BEIJING China (Xinhua) -- China Wuyi Co., Ltd. has announced that it plans to invest 602 million yuan to build an industrial park in Mombasa, Kenya.

The project will be evenly funded by China Wuyi’s own capital and bank loans.

The industrial park is designed to become a demonstration platform of China-Kenya production-capacity cooperation, industrial base in south Kenya and trade and logistics center in east Africa.
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FURTHER READING:

China Wuyi Plans USD95 Million Industrial Park in Mombasa to Shore Up Local Logistics

             

 

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