Friday, August 15, 2008

Bilateral trade: Iran to build motorbike plant in Kenya

Iran and Kenya have signed an agreement allowing Iran to build a motorcycle production plant in Kenya.

The project will be a joint venture with Kenya's private sector and will involve the production and assembly of the bikes.

Visordown reports Abbas Sadreddini, the commercial attaché at the Iranian embassy in Kenya, said: “We are waiting for our Kenya colleagues to give us a go ahead, including how the agreement on setting up the assembly plants will be implemented,” he said.
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Published by Mike Hitchen, Mike Hitchen Consulting