Overview of the Construction and Mining Industry in Kenya and How to Buy Equipment.

Kenya

Kenya is a country in East Africa with a coastline on the Indian Ocean. It has borders in the north with South Sudan and Ethiopia, to the east with Somalia and the Indian Ocean, to the south with Tanzania, and to the west with Lake Victoria and Uganda.

• Kenya has a population of 52.57 million.
• Capital: Nairobi
• Official Language: Swahili
• Total Area: 580,367 km²
• Currency: Kenyan shilling (/-)

Economic Statistics of Kenya

In 2019, Kenya had a Gross Domestic Product (GDP) of 95.5 billion USD and was projected to grow 5.7% in 2022.

Economic Sector Divide

Here are the shares of the economic sectors in the GDP of Kenya as of 2019

• Agriculture: 34.15%
• Industry: 16.15%
• Services: 43.22%

Trade Statistics

Here are main trading partners of the country:

Main Import Partners

• Saudi Arabia: 7.24%
• UAE: 9.48%
• Japan: 5.5%
• China: 20%
• India: 9.91%

Main Export Partners

• Uganda: 10.6%
• Netherlands: 8.05%
• Pakistan: 7.59%
• The United States: 8.71%
• UK: 6.71%

Industries of Kenya

Mining Industry of Kenya

Kenya hasn’t been the leading country in the mining industry. However, it is gradually bringing on a change and focusing on mineral exploration.Mineral resources in Kenya include gold, iron ore, talc, soda ash, rare earth minerals, and gemstones. Gold is mainly restricted to the westernmost part of the country, while areas around Mobsasa host limestone, niobium, iron ore, rocks, and salt.

CIn recent years, the mining industry has only amounted to a 1% share in the country’s GDP. However, the forecast presumes a 10% increase by 2023<./p>

Due to the new strategies applied to focus on the new mines and make mining more profitable for local and foreign investors, and increasing miners’ pay, this indicates a significant shift in the country’s priorities, leaving room for opportunities. <./p>

Camamach can help you exploit the opportunities by providing good quality equipment for mining to be involved in this significant change.

Construction Industry of Kenya

The construction sector is expected to develop further in the country since Infrastructure development is a central pillar of Kenya's Vision 2030.

Kenya’s construction industry contributes 6.36% to GDP in 2019. The local construction industry will expand by 8.7% and will remain stable until 2026, with an average growth rate of 6.2%.

The government is carrying out several projects such as construction work of railways, building oil terminals, and private and nonprivate residential buildings.

The government was supposed to carry out comprehensive infrastructure development programs; however, since the coronavirus outbreak, the plan has slowed down and is still under process.

To tag in the development projects, Camamach has high-quality construction equipment for you.

Seaports and Trading Hubs of Kenya

Kenya is accessible through both land and sea. Its main seaports are:

• Port of Shimoni
• Port Tudor
• Port of Kiunga
• Kilindini Harbour
• Port Reitz

Camamach uses the port of Shimoni for imports.

What heavy machinery or equipment does Kenya Import?

Both mining and construction industries hold decisive potential for the for economy. Some imports for these industries include Heavy Duty Trucks, Backhoe Loaders, Concrete Batching Plants, Grinding Equipment, Bulldozers etc.

What regulations are there on importing equipment to Kenya?

IThe importer will enlist a clearing agent who will process the import documentation through Kenya Customs. An import declaration fee is to be paid, and a pre-shipment inspection is carried out. Only licensed companies are allowed to conduct business.

Import Documentation

The import documentation for Maritime shipments include:

• Import Declaration Forms
• COC from the PVOC agent for regulated products
• ISM
• Valid pro formal invoices

Why should the Kenya import equipment?

• Availability - In comparison to the domestic market, overseas providers often have no shortages.
• Infrastructural Development- For infrastructural development, high-quality equipment at reasonable prices will be beneficial.
• High Equipment Cost- Domestic manufacturers are usually more expensive than international suppliers.
• Equipment Quality- Before making a delivery, foreign suppliers consider each aspect and provide benefits that customers prefer in the long term.

Where Can I Buy Equipment for the Where Can I Buy Equipment for Kenya?

Camamach has been exporting equipment in Kenya for years. Feel free to contact us at [email protected] or WhatsApp us at +86-131-2037-9271 for a FREE quotation. We also ship worldwide; for other countries, check out our experience here.