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Crystal Frozen and Chilled Foods SEZ Limited's groundbreaking ceremony

Crystal Frozen and Chilled Foods SEZ Limited's groundbreaking ceremony at the Naivasha Special Economic Zone signifies a pivotal moment in the economic landscape, showcasing a remarkable stride toward progress and development.

PS for Investment Promotion Abubakar Hassan, accompanied CS Hon. Salim Mvurya, together with Deputy Governor David Kones, MP Jane Kihara, the County Commissioner, and SEZ CEO Dr. Chelule, on the groundbreaking of Crystal Frozen and Chilled Foods SEZ Limited at the Naivasha Special Economic Zone.

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New Cabinet Secretary Hon. Salim Mvurya takes over Ministry of Investment, Trade and Industry

The newly appointed Cabinet Secretary for Investments, Trade and Industry (MITI) H.E Hon Salim Mvurya committed to address constraints which have contributed towards the country's decline in manufacturing over the last decade.
Hon Mvurya who officially took over from the outgoing CS Ms Rebecca Miano promised to provide leadership which will guarantee acceleration in the manufacturing sector besides working hard to bring in new investors.

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Electric Mobility

Electric Mobility is a priority investment area in the transport sector because of its market potential and ability to mitigate climate change. PS Abubakar Hassan, was honored to be the chief guest in the launch of the partnership ceremony between Cherry Automobile (the largest Chinese automobile manufacturer) and Kenyan Afrigreen Automobile Limited. This is a 20 M $ Investment in an Electric Vehicle Assembly Plant in Kenya with a potential of 3000 Direct and Indirect Jobs.

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Green and sustainable financing

The Government continues to green the financial sector to allow Green and sustainable financing. Today the PS, Abubakar Hassan was honored to join Stanbic Bank, Nairobi Securities Exchange, and the USADF team led by Dr. Joshua Oigara and Frank Mwiti in unveiling the 2023 sustainability report. Glad to witness 14 Youth Enterprises with impactful business cases in line with Government priority value chains receiving a 700,000 US$ Grant @ 50,000 US$ each.

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DISSEMINATION EXERCISE OF THE MTP IV(2023-2027) IN LAMU COUNTY

The PS,  Abubakar Hassan Abubakar from the State Department for Investment Promotion presided over the dissemination exercise of the MTP IV ( 2023-2027) in Lamu County. Hosted by Lamu Deputy County Commissioner in partnership with the State Department for Economic Planning (SDEP) from the National Treasury and Economic Planning. In attendance were County leaders and officials from across all sectors, National government officials, CBOs, Religious leaders, and members of the public.

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South Korea Africa Business Summit

The Principal Secretary, Abubakar Hassan ended the South Korea Africa Business Summit with South Korea Kenya Networking Session to enhance the partnership between South Korean and Kenyan Companies on investor-ready and bankable investment opportunities in Kenya. I was accompanied by the President of the Kenya National Chamber of Commerce Dr. Eric Ruto and the Governor of Kakamega County.

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