Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Kenya

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.
 

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...