Top Stories / 2017 Elections
Thursday, 15 Dec 2016 16:56 EATnewsdesk@kenyafreepress.com
An Indian company has got the greenlight to establish an integrated renewable energy and sugar plant in Kericho from January 2017. The Kericho County Government has signed an agreement with the Kanoria Group of Companies for the establishment of the plant at Soliat in Soin/Sigowet Sub County. The plant, which will cost Sh6 billion to complete, will include a sugar processing factory, a sugar malt, confectionary, animal feeds and ethanol production units, according to an official of the county government.
Governor Paul Chepkwony signed the agreement with representatives of Kanoria Group at a public event in Sigowet. “This project will transform both the economic and social life of our local farmers and ultimately contribute to the strengthening of our overall economy as a county,” said Prof. Chepkwony.
The governor urged other investors to scout for the varied strategic investment opportunities that Kericho offers, saying his administration's doors are "always open for all investors."