Friday, March 18, 2016

Kenya: Geothermal to Power Textile and Apparel Industries at Naivasha

Govt Sets Up Textile Investors Near Power Plants to Cut Costs (AllAfrica.com)

Kenya will set up investors near geothermal plants to cut the cost of electricity and offer subsidies in order to compete with her neighbors.

Mr Mohamed said on Thursday that they will set up investors at the shores of Lake Naivasha near the geothermal power plant to cut transmission charges to make Kenya attractive.

"We are going to set them up at Naivasha near the geothermal plant where power is much cheaper since it is at the source," he said.

Kenya expects to set up a major industrial park in the next two years at Naivasha which will serve as the main location for textile and apparel industries.

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