The Investment Promotion PS, accompanied by SEZA Chairman Fred Muteti and CEO Dr. Kenneth Chelule, recently paid a visit to the Naivasha Special Economic Zones Authority (SEZA) in Kenya. The purpose of the visit was to assess the ongoing construction of the Zone and witness the remarkable progress achieved thus far. The team was delighted by the impressive development, recognizing the immense potential of the Zone to attract investments and stimulate economic growth.
In a notable development, the Cabinet Secretary, Honorable Moses Kuria, officially launched the Kenya International Investment Conference (KIICO). The conference, scheduled from 29th to 31st May at Safari Park Hotel in Nairobi, has garnered significant attention, with more than 55 Trade Ministers and CEOs of the top 100 companies in Africa set to participate.
In a series of productive meetings, Hon. Moses Kuria concluded three days of engagements with various businesses, state agencies, and investors, culminating in signing a Deal Book. This agreement will guide future interactions and collaborations, with a strong focus on implementation.
In a significant development, the State Department of Investment presented its budget for the fiscal year 2023/24 to the parliamentary departmental committee overseeing Trade, Industry & Cooperatives. The budget proposal reflects a meticulous alignment with the government's ambitious Bottom Up Economic Transformation Agenda (BETA), showcasing a strong commitment to driving sustainable economic progress.
The EPZ Program was highlighted during the 1st Agri-Africa Expo 2023, which took place at KICC. The expo focused on raising awareness among the public about the program and its benefits. EPZA (Export Processing Zones Authority) showcased a diverse range of agro-processed products and emphasized the potential investment opportunities within the agricultural sector.
A meeting was held with H.E. Luhut Binsar Pandjaitan, the Indonesian Minister for Coordinating Ministry for Maritime Affairs and Investment, with the purpose of enhancing the long-term investment relationship between Kenya and Indonesia. The meeting focused on the importance of collaboration in various key value chains, including livestock, edible oil, textile, and apparel sectors, with the aim of strengthening domestic productive capacity and fostering growth within these sectors.
Hon. Moses Kuria, Cabinet Secretary, and Hon. Abubakar Hassan, Principal Secretary, held a constructive meeting with Hon. Melanie Joly, Canadian Foreign Minister, to discuss strengthening trade partnerships between their respective nations. The primary objective of the meeting was to expedite the implementation of a Bilateral Trade Agreement and a Foreign Investment Protection Agreement, given the significant trade volume between Kenya and Canada, which exceeded $28 billion in 2021.
Pitching Bankable and well structured Kenya Investment Opportunities to Investors.
Discussions with Czech investors on bankable and well-structured investment opportunities in Kenya.
1. #FlagshipEPZprojects H. E. Williams Ruto met Hon Moses Kuria & PS Abubakar Hassan to discuss the way forward following the gazettement of EPZs in Uasin Gishu County and Busia County. The meeting was also attended by EPZA Kenya Ag. CEO. Mr. Hussein Adan Mohamed.