Japanese company, Biwako Bio-Laboratories Limited will invest $20 million next year for a jatropha plantation ahead of the production of bio-fuels in Kenya. The investment, to be spread out in three years, will go into farm inputs and not machinery, which will have a separate capital expenditure and budget. The investment will be used to cultivate land for the plantation. Biwako’s Chief Executive Officer, Mr Mitsuo Hayashi, said, "The minimum we can start with is a 30, 000 acres of jatropha, but we would want to quickly increase to 100,000 acres." He said the 30, 000 acres will produce 200,000 tonnes of bio-oil per year. The company will work in partnership with another Japanese company, Hydronet Energy Company Limited and Kenya’s Green Africa Foundation. Foundation Chairman, Mr Isaac Kalua, said the shortage of Petro-diesel and the soaring prices has led to Bio-Diesel as an alternative way.
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