PowerChina’s Nairobi-based HQ will cover 26 countries in eastern and southern Africa, including Ethiopia, Kenya, Angola, Uganda, Zimbabwe, Zambia, Tanzania and South Africa.
By Edwin Okoth (Business Daily) |
Kenya’s high appetite for large infrastructure projects has attracted a Chinese power construction firm to set up a regional base in Nairobi.
PowerChina is set to announce the inauguration of its East and southern Africa regional headquarters in Nairobi next week, making it the latest multinational to choose Nairobi as a regional base.
The firm’s country manager, Zha Rui, Thursday said Nairobi was chosen due to its travel convenience as well as the country’s plans for huge infrastructure projects, creating a potential for future business for the firm.
“Ideally the headquarters would have been in South Africa, but Kenya has easier visa access as well as good climate and safety for us. We felt that the regional headquarters is important to speed up our decision making in the region as well,” Mr Rui said.
READ: Chinese Company CGCOC to Construct Ethiopian Electric Power HQ
The firm said it was still scouting for land where the headquarters will be built with the project expected to take shape the next three years.
The headquarters will cover 26 countries in eastern and southern Africa, including Ethiopia, Kenya, Angola, Uganda, Zimbabwe, Zambia, Tanzania and South Africa.
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See also:
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- ATI Officially Open for Business in Ethiopia and Zimbabwe
- Chinese Company CGCOC to Construct Ethiopian Electric Power HQ
- Ethiopia’s Ministry of Industry to Construct 17 Agro-Industrial Parks Nationwide
- Ethiopia’s President, Chinese Company Chairman Discuss Progress of Oil and Gas Project