Hon. Rebecca Miano officiated the launch of a transformative partnership between the United Nations Development Programme (UNDP), World Bank and Kenya Investment Authority (KenInvest)  to develop and implement an Investment Facilitation Framework and Foreign Direct Investment (FDI) Attraction Strategy. The framework is aimed at creating a transparent, predictable, efficient and trusted mechanism for effective investment facilitation.

The Principal Secretary, Abubakar Hassan, officially launched the Industrial Park and special economic zone; Nairobi Gate. This commitment in fostering a condusive business environment attracting investment and facilitating international trade to transform Kenya's manufacturing, warehousing, logistic and transport sector

In a recent development, the Cabinet Secretary, Hon. Rebecca Miano, engaged in a fruitful meeting with the National Investment Council. During the meeting, valuable insights into the council's initiatives were exchanged. Together, they delved into various avenues aimed at enhancing investments and driving economic growth in Kenya. The discussions underscored the significance of a robust partnership between the public and private sectors as a crucial element for fostering a resilient economy.

The Department staff in collaboration with Lamu County Locals participated today in Mangroves tree planting at Wiyoni Beach in Lamu Island.

The State Department for Investment promotion jointly organized the Kenya- Czech Republic Business Forum yesterday. H.E. Petr Fiala graced the form as the prime minister for the Czech Republic, who government officials and private sector players accompanied. PS State Department for Industry made remarks on behalf of CS Rebecca Miano.

Investment Promotion staff participated in tree planting in Mpeketoni Boys High School Lamu as part of Social Responsibility and attaining the Presidential vision of Jaza Miti by 2027 of 15 billion trees. The Lamu Youth Organisation and the Lamu County Government joined them.

The 2023 REITs Association of Kenya Annual Conference saw an optimistic outlook for Real Estate Investment Trusts (REITs) as a financial asset class. The Principal Secretary expressed confidence in the potential for REITs to take off as a prominent investment vehicle.

During the event, PS. Abubakar Hassan, the Principal Secretary, emphasized the crucial role played by domestic capital markets in Kenya. He highlighted their significance in mobilizing both local and international resources, underscoring their positive impact on the Kenyan economy.

In pursuit of strengthening our economic diplomacy, exciting times are ahead for the Kenya-Poland investment relationship. Polish - Kenyan Business Forum to showcase Kenya's investment climate, incentives, and investment grade opportunities in our priority value chains. Poland's investment interests are aligned with our BETA key growth pillars with a focus on ICT where we have removed foreign ownership restrictions.

The signing of 3 MOUs aimed at facilitating Polish investments into Kenya.

1. Polish Investment and Trade Agency + Kenya Investment Authority.

In a productive meeting, the Cabinet Secretary, Hon. Rebecca Miano, held discussions with Japan's Ambassador to Kenya, H.E. Okaniwa Ken. This meeting took place in anticipation of the forthcoming Outreach Session of G7 Trade Ministers in Japan, with Kenya being the exclusive African participant. The primary objective of this enhanced collaboration is to establish a more balanced trade environment that fosters mutual benefits for both nations while reinforcing the enduring diplomatic relations between them. #Kenya🇰🇪IsOpenForInvestment

Abubakar Hassan, the PS for Investment Promotion, had the honor of hosting HE President William Ruto for the Kenya-China Investor Roundtable during the 3rd Belt and Road Forum in Beijing. This event successfully convened representatives from more than 50 Chinese companies keen on exploring investment opportunities within Kenya's BETA economic pillars and priority value chains.