Africa-Press – Kenya. Transport Cabinet Secretary Davis Chirchir has urged investors to act fast and take advantage of the available investment opportunities across the country before it is too late.
Speaking during the Public-Private Partnership (PPP) Symposium on Monday, August 11, the CS urged investors to act swiftly and tap into the country’s most promising sectors, cautioning that delays could see them placed on the government waiting list that might stretch beyond 20 years.
The CS stated that the government maintains a debt-to-equity ratio of at least 70 per cent debt to 30 per cent equity, a balance he says makes the country an appealing destination for investors.
Chirchir said that investors should thoroughly scrutinise some other key sectors, such as the transport sector, where the government is in the process of establishing new roads, ports, and airports, and the energy sector.
“I would like to encourage the investors in the house that Kenya is a mature investment destination with energy programs, which has a waiting list of many investors up to the year 2040,” the CS said.
“We want to encourage you to look at some of these investments because as we market some of these good investments today, if you come in late, you will have to go to the waiting list,” he added.
Chirchir has assured that the government will be at the vanguard of ensuring that its investments are well-protected so that they may get maximum returns.
“We assure you that we know how to protect investments for you people to be able to bring in your investments and that it works for you by bringing in reasonable returns on your equity,” the CS said.
The announcement came after the National Treasury revealed that it is in the process of mobilising approximately Ksh293.6 billion in the 2025/26 financial year through PPP arrangements in a broader aim to ease the burden on domestic borrowing.
According to a report released by the Treasury on Monday, the country currently has five operational PPP projects, which are valued at Ksh123.1 billion, and some have already been completed through this arrangement.
The Treasury noted that there are currently 34 national government and three county government projects at different stages of the PPP arrangement.
The completed projects include the Nairobi Expressway, 35MW Sosian, which is located at the Menengai geothermal field, and several road projects under the Kenya Rural Roads Authority (KeRRA) and Kenya Urban Roads Authority (KURA).
For More News And Analysis About Kenya Follow Africa-Press
