Intro: General Motors has a 57.7% majority equity interest and management responsibility in this joint venture company, which was formed in 1975. Itochu Corporation (Japan) has 4.5% equity, and the government of Kenya owns 20.0% through an investment organ, the Industrial & Commercial Development Corporation (ICDC). The remaining 17.8% equity is owned by the Industrial & Commercial Development Company Investment Company (ICDCIC), a publicly owned company and an affiliate of ICDC. GM Kenya assembles Isuzu and Bedford vehicles. |
