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Kericho To Invest Sh300 Million In New Tea Factory<br />
Kericho county is looking to set up tea factory on its 450-acre Kabianga tea farm at an estimated Sh300 million.<br />
The county is conducting feasibility studies, Presently, the tea is processed at the nearby Momul Factory owned by<br />
the Kenya Tea Development Agency. The plans come at a time the Ministry of Agriculture is formulating a ‘national<br />
tea policy’ to address concerns and challenges in the industry. The policy will seek solutions to sustain production<br />
of high quality tea and reduce the cost of production, processing and marketing. The policy will also look into tea<br />
trade and value addition. The tea sector is faced with challenges that include declining prices, high production<br />
cost, climate change, narrow market outlets and limited diversification and value addition. Kenya earned Sh114.5<br />
billion from tea exports, more than 5-fold the Sh22 billion recorded from domestic sales in 2013.<br />
[The Star 12/05/14]<br />
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