Kenyan manufacturers are exploring partnerships with Chinese firms in order to revamp the industrial sector, the industry association said on Thursday.
Phyllis Wakiaga, chief executive officer at the Kenya Association of Manufacturers (KAM), told journalists in Nairobi that the Asian nation has emerged as a significant global player across most industrial value chains.
“We are trying to reach out to Chinese firms as well as other foreign firms so that they can help build our expertise and capacity to boost our industrial competitiveness,” Wakiaga said during the launch of the Manufacturing Priority Agenda (MPA) 2020.
The MPA highlights immediate action plans to establish a competitive manufacturing-led economy for job and wealth creation.
Wakiaga said that the country’s industrial sector is heavily dependent on the Chinese factories for both raw materials and intermediate goods.
“We would also like for more Chinese firms to establish presence locally so as to enhance the competitiveness of goods made in Kenya,” she added.
Wakiaga observed that Kenya’s industrial sector is facing stiff competition from both regional and international sources hence the need to forge collaborations that will enhance the adoption of modern technologies by local industries.
According to the manufacturers’ lobby, the growth of the industrial sector should be prioritized by all the relevant stakeholders because of its role in economic development.
“Manufacturing has numerous backward and forward linkages which help absorb the thousands of youth who join the labor market annually,” Wakiaga said. Enditem