This archive report was first published on 14 July 2020.
Kenya's mining industry is set to receive a significant boost with the announcement of a Sh1.5 billion investment by Shreeji Minerals, a subsidiary of Shreeji Merchandising Group.
According to a report published on July 14, 2020, business mogul Haren Kumar Mandavia revealed that Kajiado County is an ideal investment area for his company, forming part of his expansion strategy.
"This kind of investment is aimed at creating jobs for the locals, which in return will boost the county's economic status and with the new technologies, we are able to now process lime into hundreds of combinations," said Mandavia.
He added that limestone is vital in both the chemical and agricultural sectors, with the potential to support local manufacturing industries with affordable raw materials.
Shreeji Minerals plans to produce agricultural lime, also known as "Aglime," which is used in farming activities to neutralize soil acidity and free up soil minerals like phosphates.
According to a geological survey, Kajiado County has a lot of limestone deposits that have not been fully exploited by investors.
"After numerous research and regulation approvals from both national and county government, we want to set up a state-of-the-art limestone industry that will scale up the industrial usage of limestone," said Mandavia.
The company also plans to partner with local non-governmental organizations to address climate change by planting one million trees in the next five years.
