Kilifi County Governor Gideon Mungaro announced on Monday that he had signed a Memorandum of Understanding (MoU) with Shanichi Mining Development Company Limited for the company to establish an investment and economic working relationship with the Coastal county.
According to the governor, the deal with the Chinese company is aimed at boosting the county’s economic potential through the extraction of valuable minerals.
Mungaro disclosed that the signed agreement will enable the mining industry in Kilifi County to operate optimally, delivering much-needed development support programs to the local community.
“This has been an ongoing consultative discussion in an effort to safeguard the sustainable development and growth of the local communities,” He said during the signing of the MoU.
The Governor further indicated that they also discussed “common goals of boosting growth by utilizing our natural resources well,” even as he expressed optimism that partnership will help his administration to accomplish the commitment to efficiently implement development strategies under his Tujenge Kilifi Initiative.
