In a statement released on February 26, the business announced that it would close to review its operations amid piling pressure from Trade CS Moses Kuria.
Last week, Mr. Kuria made it clear that he believes that Chinese investors should focus on manufacturing in Kenya, rather than trading.
“I have today given an offer to Prof Wainaina the VC Kenyatta University to buy out the lease for China Square, Unicity Mall and hand it over to the Gikomba, Nyamakima, Muthurwa & Eastleigh Traders Association. We welcome Chinese investors to Kenya but as manufacturers not traders,” Kuria stated.
The CS then appeared to change his mind telling the business that he would help them set up a manufacturing plant.
“I will assist China Square owner Mr. Cheng to set up a manufacturing plant in Kenya and work on a distribution partnership with Gikomba, Nyamakima, Eastleigh, Kamukunji, Muthurwa and River Road Traders,” he said.
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