Africa-Press – Kenya. President William Ruto has urged investors in the United States to partner with Kenya for the benefit of both countries.
The President said that Kenya has a strong economic interest and promising collaborations in trade and investment with the US businesses.
“I want to affirm your confidence in entering or expanding your cooperation in our market and to ask and answer the question; what can we do for you and what can we do together?’ he said.
The President was speaking during the Kenya-US Business Forum in Washington, D.C.
Ruto said that Kenya is committed to eradicating unemployment, poverty, hunger, disease and inequalities through the Bottom-Up Economic Transformation Agenda.
He said that it allows the country to focus on effective strategies to deliver rapid and inclusive growth and enhance productivity.
Ruto said to achieve this, the government undertakes and promotes strategic investments in priority value chains within sectors.
The sectors include Universal Healthcare, Food Security, Agro Processing, Digital Infrastructure and Affordable Housing.
Ruto said there are opportunities in the Universal Healthcare Coverage strategy including vaccine and pharmaceutical manufacturing and production of medical commodities and bio-medical supplies.
“This enhances our capacity to provide high-quality services to Kenyans, promote self-sufficiency and create significant employment opportunities,” he added.
The President further stated that through the Special Economic Zone in Thika, the investors will be able to access local and East African markets.
“If you are looking for market and opportunities, there you are,” he said.
The President added that the enhancement of the Technology Eco-System attracts big technology companies and promotes incubation and scaling up of startups.
He said the move has positioned Kenya’s Silicone Savanna as Africa’s premier ICT and Digital Innovation Destination.
The President said that Kenya has leveraged the huge green energy potential has enabled Kenya to quickly become a global leader in the establishment of Worldclass Green Data Infrastructure.
Ruto further said that investing in the Affordable Housing Project is an opportunity to create jobs and for companies that use modern technology to build houses affordably, sustainably and cost-effectively.
He said Kenya is open to engagements with investors to make the country’s business environment more attractive, stable and predictable.
The President added that such routine discussions have yielded results, with Kenya being ranked among the top foreign direct investment destinations in the world.
During the Kenya-U.S. Business Forum, Ruto held a round table discussion with the US Vice President Kamala Harris.
The US Ambassador to Kenya Meg Whitman was also present.
Leaders, dignitaries and investors were also in attendance.
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