Samsung headquarters.[Notebookcheck]Giant electronics maker Samsung has abandoned plans to put up an assembly plant in the country.
According to teh firm, the Kenyan government has failed to put in place mechanisms that would protect local manufacturers from cheap electronic imports.
The planned Kenyan plant was meant to assemble television sets, laptops and printers, which would service the East and Central African regions.
The plant was expected to be ready in 2014.
Sung Yoon, Samsung Electronics chief executive for Africa on Monday said while the Kenyan and regional market offered the firm good opportunities for growth given the adaption of technology, locally manufactured products would be overrun by cheap imports.
“Building a local assembly plant depends on how the Government will protect these investments… there are many products that are coming in without paying the required duties and taxes,” said Mr Yoon.
He was speaking in Nairobi during a Samsung summit for its local partners.