Related Keywords: AGOA, compete with neighbouring countries, cut cost of electricity, global apparel industry, Kenay government, low labour cost, near geothermal plants, offer subsidies, plan to set up textile investors, set up industrial park, Trade agreement, trade delegation composed of investors, VF Corporation
Kenya plans to set up investors at the shores of Lake Naivasha near geothermal plants to cut the cost of electricity and offer subsidies in order to compete with her neighbouring countries, said Mr. Mohamed on Thursday when he met a trade delegation composed of investors from China, the US, Australia, the Netherlands and Bangladesh who will also be visiting Tanzania and Ethiopia.
Kenay are going to set them up near the geothermal plant where power is much cheaper since it is at the source.
