NAIROBI, Kenya, Aug 13 – President Uhuru Kenyatta who arrived back in the country on Tuesday night was on Wednesday morning expected to launch the Electronic Procurement and Payment System.
The event was set to take place at the Kenyatta International Convention Centre.
President Kenyatta was in Washington for the US-Africa summit that was hosted by US President Barrack Obama.
On return to Kenya, the President was received by his Deputy President William Ruto, several Cabinet Secretaries and MPs drawn from both the Senate and National Assembly.
President Kenyatta’s visit focused on strengthening ties between the US and Kenya on trade, capital investment, infrastructure, energy and security.
The President also held a number of high level meetings with chief executives of major US companies that are keen in investing in Kenya.
“He also met a select group of business people who have Kenya-specific investment proposals at a forum convened by the Kenya Private Sector Alliance, the Kenya National Chamber of Commerce and Industry and the US Chamber of Commerce,” his communications unit stated.
Talks in the US featured on mega infrastructure projects, newly discovered petroleum deposits and power-generation initiatives.
President Kenyatta assured the investors that Kenya will offer a conducive business environment as he encouraged them to make use of the opportunities available.
At a luncheon in Texas, he told business leaders that the international arbitration centre that will be opened would especially protect their investments.
According to President Kenyatta, the Nairobi Centre International Arbitration board was inaugurated in 2013 with Arthur Rigeria as the chair.
“The international arbitration centre will make our investors know that they are in an environment they are comfortable with,” he said.
The arbitration centre will be a platform for dispute resolution and will also deal with any delays on investment matters.
The President told the business executives that Kenya’s Judiciary was robust and has been undergoing reforms that are yielding positive results.
“Our Judiciary was recently voted the 5th best in Africa by a Gallup poll and more progress is being made to make it more efficient,” he said.
Despite the security challenges Kenya has faced over the recent past, President Kenyatta assured the investors that the government was already addressing the concerns to ensure Kenya is a safe place.