KENYA TO BENEFIT FROM NEW HIGH-QUALITY ZARCO LUBE PARTNERSHIP AS GOVERNMENT STRENGTHENS TIES WITH UAE.
BY BERNARD MULWA.
Hon. Salim Mvurya Cabinet Secretary, Ministry of Investment,Trade and Industry.
The launch also comes at a time when Kenya is strengthening its economic ties with the United Arab Emirates (UAE), a key trade and investment partner. CS Mvuria emphasized Kenya’s strategic position as a gateway to Eastern and Central Africa, with access to a population of 1.4 billion people across the continent. He noted that the UAE has become an important player in Kenya’s economy, with trade between the two countries growing by 169.2% over the past nine years. Kenya exports agricultural products like tea, coffee, and flowers to the UAE, while importing petroleum and related products. The Kenyan government is also negotiating a comprehensive economic partnership agreement with the UAE to further expand trade and investment opportunities.
Syed Lakht I Hasnain.
Mvuria highlighted the crucial role of the private sector in driving Kenya’s economic transformation, particularly through collaboration with UAE business communities. He called on investors to seize opportunities in sectors such as manufacturing, housing, energy, tourism, and the blue economy, underscoring the government’s efforts to create a conducive business environment through initiatives like special economic zones (SEZs) and infrastructure projects. The development of the Lamu Port and the LAPSSET Corridor, for instance, will provide greater access to the Horn of Africa and further enhance Kenya’s trade and investment prospects.
Zarco Lube’s entry into the Kenyan market is seen as part of a broader vision to support industrial growth and modernize infrastructure in the country. The premium lubricants are expected to play a key role in enhancing Kenya’s automotive and industrial sectors while creating new job opportunities and stimulating the manufacturing industry. As both Kenya and the UAE continue to deepen their bilateral relations, the introduction of Zarco Lube marks just one of many exciting opportunities for collaboration. The ongoing trade mission, attended by UAE business leaders, demonstrates the potential for further economic engagement between the two nations, positioning Kenya as a key player in both the African and global markets.