| dc.description.abstract |
The objective of this study is to inquire into Japanese foreign direct investment in Africa to assist in the formulation of a mutually compatible policy strategy. In addition to the summary and conclusion highlighting the major findings, the paper is organized into three parts. To look at the general picture at the regional level, in part one, foreign direct investment in Africa is reviewed with reference to its structural trends and profiles of sample Japanese transnational corporations operating in the region. As essential determinants of foreign direct investments, performance trends and the policy framework of the Kenyan economy are discussed, in part two, with particular emphasis on the manufacturing sector, as the prime target of parastatal divestiture and trade liberalization, a sector dominated by foreign companies and a sphere of mutual interest to potential Japanese investors and the host country. The final part of the paper spotlights Japanese foreign direct investment and official development assistance to Kenya. |
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