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May 09, 2018
Abstract : China Wuyi Co., Ltd. plans to invest 602 million yuan to build an industrial park in Mombasa,Kenya under the framework of 21st Century Maritime Silk Road.
BEIJING, May 8 (Xinhua) -- China Wuyi Co., Ltd. recently 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.
(Edited by Yang Qi, kateqiyang@xinhua.org)
Keyword: China industrial-park Kenya
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