I urge the local and International investors to take advantage of the investment opportunities that Kenya present to promote economic growth – Ngatia/FILE.
NAIROBI, Kenya, Aug 7- The Kenya National Chamber of Commerce and Industry has called on Chinese investors to visit Kenya and invest in the country through the Public-Private Partnership that supports the government’s initiatives.
KNCCI President Richard Ngatia said the government has already identified the Big Four Agenda as areas that need support.
“I urge the local and International investors to take advantage of the investment opportunities that Kenya present to promote economic growth, employment creation, poverty eradication, and sustainable development,” he said.
His sentiments were made during the ongoing visit by ten companies, some under the Hong Kong Trade Development Council.
“Kenya has tailor-made services for investors such as Industrial parks targeting the domestic market, Export Processing Zones targeting export market, Special Economic Zones targeting both the domestic and export market. The private investors from Hong Kong are encouraged to visit Kenya and invest through public-private partnership initiative that the government of Kenya offers,” he said.
Regional director for Africa and the Middle East Hong Kong Trade and Development Council Daniel Lam also said there has been an increased boost in trade between the two companies.
“Trade between Kenya and Hong Kong has grown by 16 percent and exports ratings have risen by 12 percent respectively,” he said.
Some of Kenya exports from Hong Kong include skin leather, edible nuts, precious stones, cut flowers and foliage to Hong Kong and while imports include electrical equipment, coloring preparations among others.
