The President encouraged more Italian companies to Kenya to invest in various sectors including energy, infrastructure, manufacturing especially in agri-processing and value addition, real estate, finance and ICT.
He said Kenya is strategically located as a hub and a gateway to the wider East African Community and Common Market for Eastern and Southern Africa markets, a market poised for further expansion by incorporation of Southern Africa Development Cooperation (SADC) through the tripartite agreement.
President Kenyatta said Kenya is also aligning her policies to make it a middle-income country that is prosperous and globally competitive by 2030.
“Protection of and incentives for both foreign and local investment and trade are prioritised and form part of the policy,” President Kenyatta said.
Speaking at the event, Italian Minister of Justice Andrea Orlando said he was pleased that Kenya is opening up its space for more Italian companies.
He said Kenya’s participation at the Expo would not only enhance its cooperation with Italy but also propel it to more mutually beneficial engagements with other countries in the world.
Orlando affirmed the Italian Government’s commitment to work with Kenya in addressing challenges facing the two countries.
During the Kenya Week at the Milan Expo, Kenya will host a business forum and mini-marathon featuring some of the greatest Kenyan athletes and conclude with a cultural day on 12.
President Kenyatta was accompanied by several Cabinet Secretaries, members of the Kenya Chamber of Commerce and Industry, renowned athletes and artistes.
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