This week the Embassy of the Kingdom of the Netherlands to Kenya is welcoming 17 Dutch companies, that will explore various partnership and investment opportunities in the logistics sector.
Roads and Transport Cabinet Secretary Kipchumba Murkomen says Kenya will collaborate with the Netherlands on the development of a Cool Logistics Corridor to facilitate the transportation of fresh produce by sea.
The deal is part of the government’s efforts to boost trade and improve the lives of Kenyan horticultural farmers.
The development of the Cool Logistics Corridor will involve building consolidation centers for fresh produce to be transported by sea through Mombasa to international markets.
“The shift will require enhancement of the existing facilities i.e the rail rolling stock, the port and the Inland Container Depots to create a cool logistics corridor from the origin to the port of Mombasa through SGR,” Murkomen noted.
Since independence, the Netherlands has been among the top five global destinations of Kenyan goods and the largest in Europe.
Kenyan exports to the Netherlands have more than doubled over the last 10 years to stand at Sh69.7 billion in 2022.
The port of Mombasa is seen as the most visible hinge as a well-functioning port that has been able to attract foreign investments with increased trade activities as a result.
The Jomo Kenyatta International Airport (JKIA) expansion as well as the completion of the LAPPSET project are calculated as an important hinge to connect Kenya to the world.
Kenyan exports to the Netherlands have more than doubled over the last 10 years to stand at Sh69.7 bn (561 million euros) in 2022.
During the first 6 months of this year, Kenyan exports to the Netherlands are at nearly Sh40 bn, a sign of continuing growth.
At the same time, the Netherlands is among the top five sources of Foreign Direct Investment (FDI) to Kenya. So, we can easily say that Kenya and the Netherlands enjoy strong trade relations with agriculture, and specifically horticulture, as a key driver.
Behind this success story is a steadfast Dutch partnership to address various business climate challenges in Kenya.
This week the Embassy of the Kingdom of the Netherlands to Kenya is welcoming 17 Dutch companies, that will explore various partnership and investment opportunities in the logistics sector.
Logistics is key for every economic hub and Kenya is such a hub for East Africa, just as the Netherlands is for Europe.
