FURTEX KENYA 2012
Furtex 2012 – International Furniture, Furniture Related Industry, Home Textile, Home Supplies, Houseware and Glassware Fair will be held between the dates of 8-10 November 2012, in Kenya’s capital and the largest city, Nairobi.
With its increasing needs, changing expectations and growth of construction industry, people needs comfortable and useful furniture goods.
Kenya is lightly forested with around 1.7% of forest cover, but with an additional 27% of woodland cover. The forests mainly act as the source of raw material used in wood and wood product industries all over the country. About 771 672 m2 of Kenya's timber is used for the manufacturing of furniture annually.
FURTEX is a unique exhibition of Kenyan Market which aims to present Furniture, Home Textile and Home appliances sectors in a global platform and where the world leading companies will meet.
Reasons to invest in Kenya
Kenya is an ideal location for investment in the wood industry as supported by various investor friendly factors that include:
Labour: Kenya has an abundant supply of affordable labour which is needed for any agricultural based industry.
Regional market: Kenya's membership to regional trade bodies such as COMESA, the African Union and the East African Community provides potential investors with a large market for their products.
Investment insurance: Kenya as a member of MIGA (Multilateral Investment Guarantee Agency), ATIA (Africa Trade Insurance Agency) and ICSD (International Centre for Settlement of Investment Disputes) provides potential investors with insurance against a wide range of non-commercial risks.
Strategic location: Located on the East African coast and having the port of Mombasa. Kenya is strategically located for investors wanting to access the East and Central African market.
Good quality of life: Kenya hosts a number of international organizations and foreign embassies and provides very good and up to standard living conditions for foreign investors willing to reside in Kenya.