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PanAfrican Equipment Kenya Limited Invests Ksh 500 Million in New Facility

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Nyakundi Report

Newsroom 2 min read

This archive report was first published on 22 October 2019.

Published on October 22, 2019, PanAfrican Equipment Kenya Limited, a subsidiary of the PanAfrican Equipment Group, has invested Ksh 500 million in a new facility to enhance after-sale services for heavy machinery in Kenya.

The facility, one of its own kinds in Africa, will see the firm offer operator, technical and skills certification both internally and to its customers as well as a fully-fledged spare store.

According to Charles Field-Marsham, PEG Executive Chairman and founder, the Chinese investors have been importing machinery for contracts they get, but they are faced with the challenge of after-sale services.

Scott MacCaw, PEG Group Chief Executive Officer, added that the company sources spare parts from Germany, Belgium, and Japan, and is keen to serve a never-ending market for heavy machinery spare parts in Kenya.

Since the customer training programmes were launched, more than 20 domestic companies and government institutions have been trained.

PEG is the principal distributor of Komatsu, Wirtgen Group and AGCO machinery in Kenya, widely used in support of the mining and mineral processing, civil and infrastructure, power and energy, agricultural and forestry sectors.

Field-Marsham noted that the combined cost for the new facility is Ksh500 million, and that although there are current market challenges, from a mid to long-term perspective, Kenya has the potential for significant infrastructure development.

McCaw added that with Kenya and East Africa focusing on increasing its power supply and growing its extractive market, the domestic needs for industry diversification, economic growth, and infrastructure development will certainly drive the mid to long-term development of these two sectors.

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