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Unilever Plans Building New Factory In Kenya For East Africa Market

May 18, 2014: 12:00 AM EST
Unilever Ltd. said it plans to invest about Sh13 billion, or $150 million, to build a new factory in Kenya to help improve its production capacity in the country. Part of the company’s strategy to expand into the region and gain access to potential markets, the planned factory will manufacture products for the East African region and nearby emerging markets. Unilever executive vice president for East Africa and Emerging Markets Marc Engel said his company is pushing to transform Kenya into a manufacturing hub in the region, with production expected to start by 2016.
Winsley Masese, "Unilever mulls new Sh13 billion factory ", Standard Media, May 18, 2014, © The Standard Group
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