Kenyan will now have access to cheaper machinery as a local company manufacturing heavy machinery has partnered up with Liebherr from Germany to build an assembling plant in Nairobi starting end of the year. The Sh23 billion venture will see the assembly of road construction and agricultural equipment done in the country. BICO has set a target to produce at least 30 units a month comprising of earth movers, water drilling machines and farm machinery such as tractors. The company which is an export and import company that deals with buying, leasing and selling of goods in the various fields has also an eye for the various county governments as their main customers.
Speaking to Kenya Engineer , Bico founder Andrew Malunga said, “ We are looking forward to partner with the various county governments in the country. He also pointed out that counties such as Kilifi, Nakuru and Taita Taveta are receptive to the idea and the company is hoping to cement relationships with other counties. “As the counties grapple with the huge mandate of providing residents with good roads and agricultural machinery, there is the challenge of equipment and we expect that this venture will come in handy for the devolved units,” he said, adding that assembling the equipment locally will help reduce their prices.
“Marketing of the farm inputs locally will, for instance, save taxpayers from excessive taxation, and the spare parts for the machines will also be readily available,” he said.He added that they have acquired five acres of land in Nairobi where the assembly plant will be situated, while a showroom will be built in Malindi. This Mr.Malunga said will reduce the price of the machines and will also lead to economic growth.The company also plans to create at least 5,000 jobs across the country by setting up stations in each county and employ machine operators to enable the devolved units lease the equipment.