Kenya Construction Machinery and Equipment Market.

Byline: Jenny zhou

Since independence in 1963, Kenya has gradually become one of Africa's fastest growing economies. According to the Global Infrastructure Outlook Report released by the G20 in July 2017, in order to achieve the United Nations Sustainable Development Goals, Kenya will need 206 billion US dollars for infrastructure construction by 2040, 41% higher than the current investment level, concrete crusher is most used in construction. In the past five years, Kenya 's average growth rate was 5.6%, exceeding the global average, and significant progress has been made in the fields of energy, infrastructure, information technology and education.

In 2018, the bilateral trade volume between China and Kenya reached US $ 5.37 billion, an increase of 3.2% year-on-year. It is expected that Kenya's economic growth will reach 6.9% in 2019. The main growth factors include the improvement of the business environment, the government's implementation of four major development plans to promote the development of manufacturing, food production and affordable housing, and the continued macroeconomic stability.

Kenya is located in eastern Africa, borders Somalia in the east, Tanzania in the south, Uganda in the west, borders with Ethiopia and South Sudan in the north, and borders the Indian Ocean in the southeast. The strategic location makes Kenya an important base for China 's "Belt and Road" in Africa.

In the "2030 Vision" plan vigorously promoted by the Kenyan government, energy, infrastructure and construction, agriculture, manufacturing and other industries are listed as key development areas.

Cooperation between the two countries for mutual benefit

For Kenya, the construction of the Mongolia-Inner Railway not only brought a lot of local employment opportunities, but also cultivated a large number of technical backbones and management talents for the local area. The completion and operation of the Montenegro Railway makes Kenya the benchmark and leader in Africa's infrastructure. It is also a good start for Chinese companies to enter the African market.

Kenya 's Minister of Transport and Infrastructure Macaria said: "Kenya is actively promoting the docking of Kenya 's Vision 2030 and the Belt and Road Initiative. Kenya needs investment from China.

Potential markets in Kenya include building materials, energy, electronics and more. Kenya is undergoing an urbanization process. The urbanization process in cities such as Nairobi has promoted the...