Strengthening Investment Relations between Kenya and Indonesia: Focus on Collaboration and Key Sectors
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.
The discussion also involved an exploration of the National Investment Promotion Program on County Aggregation and Industrial Parks (CAIPs) as a strategy to attract and facilitate foreign direct investment. These CAIPs serve as platforms to encourage investments and provide necessary support to businesses operating within them.
In conclusion, the meeting aimed to establish a stronger investment partnership between Kenya and Indonesia, placing a particular emphasis on collaboration in key sectors and leveraging investment promotion programs to drive economic growth.