Chinese tiles manufacturer KEDA Ceramic has invested over Sh5.5 billion in boost to the government's Big Four agenda. He said Kenya’s strategic position along the Belt and Road initiative has made it an attractive investment destination. The initiative was rolled out by Chinese President Xi Jinping as part of the Asian economy's interests in Africa. During the China-Africa Summit in September, President Uhuru Kenyatta signed, among other deals, a cooperation agreement within the framework of the Silk Road Economic Belt. He also signed the 21st Century Maritime Silk Road Initiative.

Source: The Star November 05, 2018 07:52 UTC