IBC Japan eyes Kenya, EAC car market in duty-free deal


Japan-based car exporter– IBC Japan Ltd is now eying to increase its exports and dealings in Kenya, tapping into the government-driven Special Economic Zones (SEZs).

The government is leveraging on the SEZs as part of its plans to boost Foreign Direct Investment (FDIs) in post-Covid-19 economic recovery.

The Kyoto headquartered firm has entered into a partnership with Nairobi-based local firm – Ziara SEZ Limited, in creating a base for used cars in Nairobi, which is expected to bring units closer to buyers.


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