HK enterprises scout for opportunities in Kenya and Djibouti

Riding on the Belt and Road Initiative (BRI), Hong Kong-based enterprises are keenly eying investment opportunities in both Kenya and Djibouti.

A 12-member delegation representing 10 Hong Kong-based enterprises visited Djibouti and Kenya in August, where they held discussions with local enterprises, lobby groups and government representatives.

The enterprises are looking to invest in banking, finance, manufacturing, real estate development, property development, construction, engineering services, and project investment among others, basically through joint ventures and partnerships with local companies.