During the 6th India Kenya Joint Trade Committee (JTC) meeting held at Nairobi on 12th -13th October, 2010, the Kenyan Govt. sought Indian assistance in the form of support for transformation of Kenyas EPZs Program to
SEZ programme.
The Kenyan Govt. has sought Indian assistance through exposure programmes for Kenyan officials to successful SEZs in India, secondment of Senior officials of India’s SEZ Development Commissioner to Kenya to assist in the establishment of the SEZ programme, support for investment Promotion Activites, availing of lines of credit and buyers credit from Indian Govt financial institutions to companies trading with SEZ/EPZ programmes, and support for enterprise programs targeted at Kenyan SMEs.
The Ministry of Commerce & industry, Government of India has requested the Kenyan Government to give details of their existing laws governing SEZs/EPZs as well as the incentives in these areas and to submit proposals on the specific areas requiring technical assistance.
This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce and Industry, in a written reply in the Lok Sabha today
Source : pib.nic.in