Kenya woos Chinese investors

December 14, 2009

, NAIROBI, Kenya, Dec 14 – Vice President Kalonzo Musyoka has urged more Chinese to take advantage of investment and tourism opportunities existing in Kenya.

Mr Musyoka said the country boasts of excellent opportunities in the two sectors, and noted that by participating in them, China would be strengthening the ties between the two countries and help boost Kenya’ s economy.

“One percent of Chinese population visiting in a year will translate in a 10 million increase in the number of visitors who come to Kenya,” he said and added that the benefits accruing will be felt both in the country and the entire Comesa region.

The Vice President was speaking on Monday when he received a Chinese delegation from the Xinhua News Agency at his Jogoo House office, Nairobi.

 It was led by the Agency’s Vice President Wei Lu.

Mr Musyoka lauded the government of China for their continuous support to Kenya and urged the country to continue investing in the country to strengthen the existing ties.

The Vice President also lauded the cordial relations existing between Kenya’s Ministry of Information and Communications and the Xinhua News Agency which he said has benefited journalists in the two countries through exchange programmes.

Vice President of Xinhua Wei Lu commended the partnership existing between the two countries and called for mutual understanding and trust.

“Cooperation must be built on the basis of equality and trust for the two countries to strengthen their business ties,” he said.

He said the Chinese government will encourage its citizens to promote tourism and invest in Kenya.

Present at the function included the Chinese Ambassador to Kenya Deng Hongbo, the Permanent Secretary in the Ministry of Home Affairs Dr Ludeki Chweya and the Director of Information Ezekiel Mutua.


Latest Articles

Stock Market

Most Viewed