Kozhikode: An official delegation from the Industrial & Commercial Development Corporation (ICDC) of Kenya visited the KINFRA food processing park at Kakkenchery in Kozhikode for bench marking purpose as part of their feasibility study for setting up of Agro based SME industrial Park at Eldoret in Kenya.
The seven member delegation of Daniel Mutua, Director, Board of ICDC; Joseph Mwaura, Chairman of the delegate team; Paul Okwiri, Valuer; Robert Chesire, Investment Analyst; Joel Wanjohi, Investment Analyst; Lazarus Odongo, Legal Advisor, and Joseph Waka, Procurement, held discussions with Kinfra’s officials including K Sudhakaran, GM, Projects; Manu George, Kinfra Food Division; K N Srikumar, Sr. Media Advisor, Kishore Kumar and C V Gireesh. They also visited several units in the park and interacted with them.
According to a release from Kinfra, the ICDC was established in 1954 under its own Act of Parliament Cap 445 of the Laws of Kenya. At that time, it was called IDC (Industrial Development Corporation) but the name was later changed to ICDC. With the events in that period of time indicating that the time of colonial rule was coming to an end, it was found necessary to create the Corporation for purposes of opening up the economy and placing it in indigenous hands post independence.
Established in 1954, ICDC has 60 years of experience and stability in promoting projects that create wealth and jobs for Kenyans in diverse sectors of the economy. ICDC enjoy a heritage of expertise and stability as we promote businesses with the potential to become tomorrow’s blue chip companies.
ICDC are especially excited by projects in the Manufacturing, Agro-processing, Financial services and Education sectors. ICDC are keen to provide you with creative and flexible financial solutions tailored to meet your unique investment needs. Focusing on industrial growth and development in Kenya as well as having a significant impact on creating jobs and raising household incomes for a profit.
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