Chinese computer consumable firm to establish Kenyan plant

Updated 2018-01-04 11:30:21 Xinhua

Chinese computer consumable firm, Anycolor Computer Consumables Co., Ltd., plans to establish a Kenyan manufacturing plant and an East African Marketing Center in 2018, an official said on Wednesday.

Anycolor is a high-tech firm which engages in research, development and production of full range computer comsumables. Arecolor is the subsidiary and premium consumables brand of Anycolor.

Arecolor Kenya General Manager Xu Huanwen told Xinhua in Nairobi that they are seeking to establish a 10 million U.S. dollars factory to produce printing consumables such as toner, ink, copy cartridges and power banks.

"We are currently looking for an ideal site in the special economic zones that has the entire necessary infrastructure," Xu said.

Arecolor currently has two factories in China and so the Kenyan facility will be the first overseas plant.

The plant is expected to provide employment to over 300 locals and produce initially over 3.6 million toners cartridges, 6 million ink cartridges and 2 million powerbanks annually.

The East African nation is a suitable location because it has lower production costs as compared to China as well as a large pool of skilled manpower.

Xu said the rising costs of production in China has made the firm to seek to establish facilities outside of the Asian nation.

He said that Africa is the future of the global manufacturing industry due to the continent's rapid economic growth.

Arecolor also wants to help Kenya achieve its goal of expanding its manufacturing base that currently contributes approximately 10 percent of the Gross Domestic Product (GDP).

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 22 2018 07:13:56

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 22 2018 07:13:56

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 22 2018 07:13:56

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords