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Kenyan President woos Thai investors

NAIROBI, Kenya, Jun 17 – President Mwai Kibaki has urged Thai investors to consider Kenya as an investment destination of choice.

The President noted that by investing in Kenya, the Thai’s would have access to a big market as the country is the gateway to the entire East African region where five countries have formed a formidable economic bloc.

“Investment opportunities exist in value addition in agricultural produce, the construction industry, transport and aeronautic operations among other areas,” President Kibaki said.

The President was speaking on Thursday at his Harambee House office during a meeting with Thai Foreign Affairs Minister Kasit Piromya who paid him a courtesy call.

The Thai Foreign Affairs Minister and his delegation are in the country to attend the inaugural session of the Kenya-Thai Joint Commission of Cooperation.

President Kibaki expressed confidence that the joint commission discussions would enhance cooperation between the two countries in many areas of mutual benefit.

On his part, Mr Piromya assured President Kibaki of his country’s commitment to boosting the existing cooperation, saying Thailand valued the cordial relations it has with Kenya.

Present during the meeting were Foreign Affairs Assistant Minister Richard Onyonka and Permanent Secretary Thuita Mwangi among other senior Government officials.

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