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More Japan firms open shop locally in confidence vote
Nakuru Governor Kinuthia Mbugua and deputy Ambassador of Japan to Kenya Mikio Mori enjoy a glass of goat milk courtesy of a women’s group in Elburgon whose activities have been funded by the Japan Social Development Fund. PHOTO | FILE
Japanese companies have increased their presence in key sectors of the economy, stepping up competition for Chinese and European firms that have long dominated Kenya’s big business.
Trade data shows that the list of Japanese firms opening shop in the country has risen sharply over the past five years, gaining a foothold in infrastructure development and the consumer goods business.
