member states are in a bid to entice investors to fund leather processing,
making use of the abundant raw materials supplies and build capacity for export
can compete on the global level and are hoping that joint ventures will result
in high quality materials for the world market.
loss of revenue and jobs to foreign manufacturers.
leather processing, footwear and leather goods,” said the permanent secretary
ministry of Livestock Development Kenneth Lusaka in a speech read on his behalf.
operations between overseas and COMESA countries, and stakeholders and in
particular with Kenya, Sudan and Uganda,” said Mr Mwinyihija Mwinyikione, the
chief executive of the Kenya Leather Development Council (KLDC).
held in Fairview Hotel, Nairobi on Friday. In attendance were investors from
India, China, and other COMESA countries.
for direct investments, where foreign investors open their own enterprises as
is presently happening in Ethiopia.
cent of sheep skin and 38.3 per cent of goat skins of Africa according to data
from the Food and Agriculture Organisation (FAO).
are expected to be complete by year end that will bring to 19 the total number
of tanneries in the country.
to the Kenyan economy and the value is expected to rise to Sh10.5 billion ($125
million) according to the ministry.
Source: Business Daily