Chinese spare parts giant sets up shop in Nairobi

godfred akoto

January 10, 2018 8:35 AM

XCMG Tisco is a supplier of port cranes,construction cranes as well as mining equipment

One of the largest suppliers of construction equipment in in the world has set up shop in Kenya’s capital,Nairobi with a promise to create jobs.

XCMG Tisco is a supplier of port cranes,construction cranes as well as mining equipment . The company also has a unit in road construction.

Their entry into the East African country is expected to boost jobs in an economy that is desperate to make inroads into filling its 39.1 percent unemployment gap.

“First one is training & improves technical for the machinery takes it to China or in Kenya to train more local people can get more jobs.” Yuanxiang said.

This opening also marks a deepening in the cooperation between China and Kenya

“We want to see these will set up a good example in Kenya and in Africa that with stronger collaboration between china and African countries the economic development as well as achieve global 2030 agenda. The cooperation is not only one way traffic; we are hoping to see that the collaboration and change could be two way traffic ” said Zhang Shigang of the Policy and Program Division.

The company says it picked Kenya for its favourable business environment.

“The weather is good and also the people friendly especially economic & political stability. For heavy construction machinery needs more spare parts and service so for us, spare parts and service is the number one thing to do.” Zhang Yuanxiang, Director XCMG Tisco Construction said.

godfred akoto