Kenya: Foton investing US$19.25m to assemble CVs

Chinese vehicle manufacturer Foton is investing Kenyan Shilling 1.6bn (US$19.25m) to set up an assembly plant in Nairobi, and for several showrooms to be set up in major towns across the country. According to a report carried by the Daily Nation, Foton has already acquired property at Mlolongo. The report, citing Subscribe to Automotive World … Continued

• By Webmaster
• February 20, 2012