US$100m to be set aside for construction of paper factories in Kenya

inside a paper factory
inside a paper factory

Kenya, in conjunction with an Egyptian company- Mintra, has proposed to construct new paper factories in Kenya which will be undertaken at a cost of US$ 100m.

Mintra General Manager, Hani Cassis confirmed the news and said Kenya has shown its support and interest for the proposed factory construction project, and has also expressed its willingness in giving out lands where construction can take place.

He further stated that after the agreement is confirmed, Mintra is aiming at constructing up to 100 factories. The facilities will be involved in the packaging, wrapping and production of paper.

As a leader in the paper, filing and binding industries, Mintra exports 88% of its production to the United States, Europe and Africa.