Wednesday, October 17, 2012

manufacturing industry in kenya


Manufacturing Industry in Kenya

Kenya is known as the regional hub for trade as well as financial transactions in East Africa. It offers great opportunities for both inland and overseas traders. Information on Kenyan tenders can be found on the print and electronic media and internet. Advantage of state specific tenders is that the bidder gets all the information relating to the tender and can assess whether it would be good to bid for it. While service sector contributes around 60% GDP in Kenya, the industry is predominantly concerned with flour mills, furniture, and other consumer goods. Entrepreneurs will find local and global tenders in the country and can choose to bid depending on their respective expertise and abilities.

Manufacturing Industry in Kenya

Entry Into Regional Hub of Trade and Finance in East Africa With Kenya Tenders
By Eric Methner

Well known as the regional hub in respect of trade as well as financial transactions in East Africa, Kenya offers enormous opportunities for entrepreneurs for promoting their business. Such opportunities are available for both inland and overseas enterprises.
Finding Information on Kenya Tenders
While inland entrepreneurs can find out information about Kenya tenders through advertisements in electronic and print media and trade journals, for overseas businessmen internet is the best source. Some of the highly informative websites are there that offers all the information relating to tenders in Kenya, including the types, requisites for responses, date and time schedule and other related information.
State Specific Tenders
When the tender by the inviting country is state specific, it will certainly help the responding company in multiple ways. One of them is that when the tender is country specific, the bidders know exactly what to expect, how to bid, and the legal implications. Moreover, such tenders also give them the exact knowledge of whether their own infrastructure and expertise fit into the slot perfectly or not.
Kenya Tenders General Features
It is the service sector that is the highest contributor to gross domestic product of Kenya. It accounts over 60% of total GDP of the country that is way ahead of both agricultural and also the industrial sectors in the country. Economic growth of Kenya in recent years is basically a contribution of huge public investments. Such investments also include small holder agricultural productions as well as private investments in the industrial sector.
Industrial Scenario in Kenya
Major industries in Kenya include food processing, horticulture, flour milling, as well as manufacturing of widely used consumer goods. Such consumer goods include batteries, furniture, cigarettes, clothing, and plastic products.
The Kenyan government had promoted intensive economic growth through public investments, small holder agricultural production, and private industrial investment. The country's industries include food processing, flour milling, horticulture, and the manufacture of consumer goods such as plastic, furniture, batteries, clothing, and cigarettes.
Types of Kenya Tenders
Major types of tenders floated in Kenyan market are -
* Tenders relating to infrastructure developments including both new constructions and renovations;
* Civil works as well as construction tenders;
* Global or international tenders; and
* Requests for proposal from Kenya.
Since a number of projects have been launched initiated from public and private sources in the recent years, business opportunities for both inland and overseas enterprises have grown up considerably.


Eric Methner a business graduate from world-famous institute. Eric like to writing on different business topics, including International Tenders. For more information about Eric and Kenya Tenders please visit: Hello Trade Tenders.

 

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