INTERNATIONAL AIR CONDITIONING AFRICA – …...Africa is one of the largest commercial markets for...

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INTERNATIONAL AIR CONDITIONING & REFRIGERATION EXHIBITION 27-29 August 2019 Nairobi - KENYA KICC (Kenyatta International Convention Centre) EAST AFRICA 2019 KICC Nairobi KENYA COUNTRY FACTS Population: 48.5 Million •Capital: Nairobi •Major Language; Swahili, English, •Currency: Kenya Shilling GDP- Purchasing Power Parity: $ 163.4 Billion GDP Per Capita: $3.500 GDP Composition by sector of origin: Agriculture 35%, Industry 17.6%, Service 47.7% Export: $ 6.397 Billion Import: $14.520 Billion A KEY REGIONAL PLAYER IN EAST AFRICA Kenya is a major communications and logistics hub, with an important Indian Ocean port and strategic land borders with Ethiopia, South Sudan, Uganda, Tanzania, and Somalia. Kenya has been described as "the cradle of humanity". AFRICA – ONE OF THE LARGEST COMMERCIAL MARKET Africa is one of the largest commercial markets for refrigeration and air conditioning units. In East Africa, Kenya imported $48 million worth of units last year, up from $11.9 million 10 years ago. The country has in the past few years experienced a property boom with contractors taking advantage of the vertical space for more returns from commercial and residential commercialization leading to demand of single unit air conditioners and chillers as opposed to several units. REAL ESTATE BOOM IN KENYA Kenya has been among the world's fastest growing, and rising business opportunities with consumer confidence to the current government and it has rising income levels and a growing middle class. The past decade has seen significant growth in most key sectors of the Kenyan economy, thanks to a vibrant private sector and the ever-increasing foreign appetite for investments in Africa.Indeed, Kenya has been the preferred hub for multinationals and other international organizations with operations in East and Central Africa. The Kenyan market has been awfully lucrative especially for foreign investors because of the high profit margins of 20 to 30 per cent, which is impossible even in the US or European markets. www.kenyahvacexpo.com [email protected] FOR INFORMATION +90 212 273 18 18 www.elanexpo.net [email protected]

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Page 1: INTERNATIONAL AIR CONDITIONING AFRICA – …...Africa is one of the largest commercial markets for refrigeration and air conditioning units. In East Africa, Kenya imported $48 million

INTERNATIONAL AIR CONDITIONING & REFRIGERATION EXHIBITION

27-29 August 2019

Nairobi - KENYA

KICC (Kenyatta International Convention Centre)

EAST AFRICA 2019

KICC Na i rob i KENYA

COUNTRY FACTS •Population: 48.5 Million

•Capital: Nairobi •Major Language; Swahili, English,

•Currency: Kenya Shilling •GDP- Purchasing Power Parity:

$ 163.4 Billion •GDP Per Capita: $3.500

•GDP Composition by sector of origin: Agriculture 35%, Industry 17.6%,

Service 47.7% •Export: $ 6.397 Billion •Import: $14.520 Billion

A KEY REGIONALPLAYER IN EAST AFRICA Kenya is a major communications and logistics hub, with an important Indian Ocean port and strategic land borders with Ethiopia, South Sudan, Uganda, Tanzania, and Somalia. Kenya has been described as "the cradle of humanity".

AFRICA – ONE OF THE LARGEST COMMERCIAL MARKETAfrica is one of the largest commercial markets for refrigeration and air conditioning units. In East Africa, Kenya imported $48 million worth of units last year, up from $11.9 million 10 years ago. The country has in the past few years experienced a property boom with contractors taking advantage of the vertical space for more returns from commercial and residential commercialization leading to demand of single unit air conditioners and chillers as opposed to several units.

REAL ESTATE BOOM IN KENYA Kenya has been among the world's fastest growing, and rising business opportunities with consumer confidence to the current government and it has rising income levels and a growing middle class. The past decade has seen significant growth in most key sectors of the Kenyan economy, thanks to a vibrant private sector and the ever-increasing foreign appetite for investments in Africa.Indeed, Kenya has been the preferred hub for multinationals and other international organizations with operations in East and Central Africa. The Kenyan market has been awfully lucrative especially for foreign investors because of the high profit margins of 20 to 30 per cent, which is impossible even in the US or European markets.

www.kenyahvacexpo.com

[email protected]

FOR INFORMATION+90 212 273 18 18

www.elanexpo.net

[email protected]