The Government has signed a Memorandum of Understanding(MoU) with Linglong Company to establish tyre manufacturing plant at Mariakani in Kilifi County.
President William Ruto witnessed the signing of the MoU between the Ministry of Investments, Trade and Industry and Linglong Group Limited for the establishment of the USD 800 million tyre manufacturing plant in Mariakani, Kilifi County.
The investment by Linglong Group, through its subsidiary Linglong Tyres, will set up a state-of-the-art facility expected to create over 1,500 jobs.
Cabinet Secretary Ministry of Investments, Trade and Industry(MITI) Lee Kinyanjui signed the agreement alongside Mr. Feng Wang, Vice Chair of Linglong Group and President & Chair of Linglong Tyres.