Prime

Embu signs Sh25.5bn deal with Chinese firm

Embu Governor Martin Wambora ( right) presents a gift to Vice Governor of China’s Shanxi provincial goverment, He Tiancia (centre) Nov 21, 2019. With them is Guo Ce, an economist based at the Chinese Embassy in Kenya. PHOTO | GEORGE MUNENE

By  GEORGE MUNENE

Contributor

Embu County has entered into a Sh25.5 billion investment deal with Shanxi Dikuang overseas Engineering Construction Company of China “to spur economic growth in the region.”

Under the pact, the Chinese company is to construct an agricultural demonstration centre, value addition parks and a mineral resource exploration and processing unit.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Kenya’s economy grows 5.1pc despite Iran war price shocks

  2. PRIME KPA gets nod for Mombasa, Lamu port asset concession tenders

  3. PRIME Unga Group to reinvest profits as dividend drought enters seventh year

  4. PRIME Telposta scheme offloads Sh361m NSE shares to boost liquidity

In the headlines

View All