Kilifi County is looking for investors in titanium and manganese minerals extraction and farming. And two companies have already pledged to invest in the farming sector with Shs115 billion.
Tembo Farming, said it will invest Sh80 billion plan to set up a sugar plantation in Kilifi while Royal Teas and Commodities will invest Sh35 million to establish a cashewnut factory.
Tova Environmental pledged to invest Sh150 billion in water desalination or purification
The pledges were made at the Kilifi International Investment Conference where a total of Sh300 billion was pledged for investments in Kilifi County.
RK Sangani Company will spend Shs Sh70 billion to construct of a seaport and special economic zones at Takaungu area.
Other investment opportunities identified include energy with SUNfarming GmBH of German expressing interest to develop solar energy at a cost of Sh6 billion.
FIO Corporation of USA showed interest in health sector into which it hopes to invest Sh1 billion while Dutch firm OSO Enschede plans to come up with a new road construction technology in the county.
Other investment opportunities were identified in real estate where Dida Ranch has pledged to invest Sh650 million, while Roka Investment Ltd said it will invest Sh100 million in agribusiness and energy.
In total the deals pledged are in agribusiness, health, real estate, manufacturing, and tourism and infrastructure construction.