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Turkey Keen On Investing In Kenya's Energy Sector-Paper

The Turkish government is keen on investing in the energy sector in Kenya, the Business Daily reported Wednesday, citing the Turkish Ambassador to Kenya Tuncer Kayalar.
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Τετ, 23 Ιουνίου 2010 - 18:37
The Turkish government is keen on investing in the energy sector in Kenya , the Business Daily reported Wednesday, citing the Turkish Ambassador to Kenya Tuncer Kayalar.

"We are interested in investing in the energy sector, mainly the in geothermal, wind and solar power, supplying generator transformers and taking up tenders for the electricity transmission lines," the daily quoted Kayalar as saying.

He was speaking Tuesday ahead of the opening of a trade fair in Nairobi organized by the Turkish government and the Turkel Fair Organization that will run until June 26, The Business Daily said.

Kayalar said trade volumes with Kenya stood at $245 million in 2008 compared with $50 million in 2003 although this dropped drastically in 2009 to $77 million due to the global economic crisis. In the first four months this year, it climbed to $45 million.

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