US-based Wisconsin Economic Development Corporation (WEDC) is planning a trade venture to Kenya and Tanzania in May 2015 and has welcomed Wisconsin state companies looking to do business with the two largest economies in East Africa to participate in the program that will include one-on-one meetings with potential customers that have been selected based on the export goals and needs of the participating companies.
According to WEDC officials, trade opportunities in Tanzania and Kenya are available in the transportation, telecommunications, power infrastructure, agriculture, food processing, packaging, food safety, mining, oil, gas extraction and refining equipment, health care equipment and medical devices, hospitality and tourism.
“Kenya and Tanzania are East Africa’s two largest economies,” said the WEDC in a statement, “Both countries have a favorable business climate; a wide range of resource-based and manufacturing sectors that are expanding to meet the needs of a young, growing population; a strong rule of law; and improving democratic traditions.”
According to WEDC, trade advantages in Tanzania and Kenya include a favorable business climate, an expanding manufacturing sector, a strong rule of law and improving democratic traditions, and trade ties to additional markets in Asia and the Middle East.
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