[14th September 2013]

HONDA MOTORS ETSBALISHES KENYA MOTORYCYCLE PLANT; THE SECOND LARGEST IN AFRICA

Left Side: H.E. Amb. Benson Ogutu, and Yasuhiro Imazato, Managing Director, Honda Kenya Plant,
Right side: Mrs. Benta Ogutu, spouse to Amb. Ogutu, and Dr. Isaac Kalua; Chairman Honda Kenya Plant during the visit to Honda Motorcycle assembly plant in Kenya.

The Honda Motors Co. Ltd established a new motorcycle production plant and sales subsidiary in Kenya in March, 2013. The plant's operations are expected to begin next month; October, 2013 with an initial capacity of 25,000 units per year. The company is keen on establishing a system and capability for global parts sourcing a well as efficient production to deliver high quality products at affordable prices.

The new company's plant in Kenya will be the third Honda establishment in Sub-Sahara Africa following similar projects in South Africa and Nigeria. In terms of production, the establishment will be the second biggest Honda motorcycle production base after the Nigeria plant. The combined production from the Kenya and Nigeria plants will bring the annual production capacity for Honda motorcycles in Africa to 175 000 units.

During his visit to the plant in Nairobi, Kenya, His Excellency; Ambassador Benson H.O. Ogutu, welcomed this positive development noting that the venture is an indication of the conducive investment environment for Japanese investors and others across the globe. The Ambassador expressed confidence that initiative will greatly serve to promote economic growth in the country and the region at large.

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