China continues to establish dominance in Kenyan market with the latest entrant being a power company.
A Chinese firm known as Chint Kenya officially opened its doors in Nairobi on Tuesday, January 25, diving into the turbulent energy sector in the country.
The multi-billion company opened its offices to serve the East African region with a focus on transforming the energy sector in the country.
The Chinese-run company provides modern energy, intelligent manufacturing, and digital technology. It focuses on the energy system of supply, storage, transmission, allotment, and consumption.
Before making an entry into the country, the Chinese company had made some donations to tests its products. Since 2017, the company has been making donations to various institutions in the country including schools, and fitting them with smart solar energy systems.
Chint Kenya aims at transmitting solar power in the country mainly focusing on government institutions and schools.
This is aimed at lowering the cost of energy in those institutions and also contribute to Kenya's goal of producing cheap power.
"Chint has been a trusted supplier of smart energy solutions, their products have been of the highest quality, reliable and adaptable to the Kenyan market," Chint Kenya announced during the launch.
The company falls in the broad Zhejiang Chint Electrics corporate family that has over 587 firms distributed in different parts of the world.
The parent company has 28,127 employees across its locations and generates trillions in sales revenue.
Its entry into the Kenyan market comes at a time when President Uhuru Kenyatta already initiated a plan to lower power in the country.
In the first phase, Kenya power effected President Uhuru's pledge he made during the Jamhuri Day celebrations on December 12, by cutting electricity costs by 15 per cent.
The reduction began effectively from Jan 1, 2022, and will run through to December 2022 according to a gazette notice released on Friday, January 7.
