News
In a series of productive meetings, Hon. Moses Kuria concluded three days of engagements with various businesses, state agencies, and investors, culminating in signing a Deal Book. This agreement will guide future interactions and collaborations, with a strong focus on implementation.
In a significant development, the State Department of Investment presented its budget for the fiscal year 2023/24 to the parliamentary departmental committee overseeing Trade, Industry & Cooperatives. The budget proposal reflects a meticulous alignment with the government's ambitious Bottom Up Economic Transformation Agenda (BETA), showcasing a strong commitment to driving sustainable economic progress.
The EPZ Program was highlighted during the 1st Agri-Africa Expo 2023, which took place at KICC. The expo focused on raising awareness among the public about the program and its benefits. EPZA (Export Processing Zones Authority) showcased a diverse range of agro-processed products and emphasized the potential investment opportunities within the agricultural sector.
A meeting was held with H.E. Luhut Binsar Pandjaitan, the Indonesian Minister for Coordinating Ministry for Maritime Affairs and Investment, with the purpose of enhancing the long-term investment relationship between Kenya and Indonesia. The meeting focused on the importance of collaboration in various key value chains, including livestock, edible oil, textile, and apparel sectors, with the aim of strengthening domestic productive capacity and fostering growth within these sectors.
Hon. Moses Kuria, Cabinet Secretary, and Hon. Abubakar Hassan, Principal Secretary, held a constructive meeting with Hon. Melanie Joly, Canadian Foreign Minister, to discuss strengthening trade partnerships between their respective nations. The primary objective of the meeting was to expedite the implementation of a Bilateral Trade Agreement and a Foreign Investment Protection Agreement, given the significant trade volume between Kenya and Canada, which exceeded $28 billion in 2021.
Pitching Bankable and well structured Kenya Investment Opportunities to Investors.
Discussions with Czech investors on bankable and well-structured investment opportunities in Kenya.
1. #FlagshipEPZprojects H. E. Williams Ruto met Hon Moses Kuria & PS Abubakar Hassan to discuss the way forward following the gazettement of EPZs in Uasin Gishu County and Busia County. The meeting was also attended by EPZA Kenya Ag. CEO. Mr. Hussein Adan Mohamed.
PS Hassan was pleased to join the CS Hon Moses Kuria in a meeting this morning with stakeholders and investors in the special economic zones sector in our country as we aim to revamp the proposition to better attract investments. They reafirm the committment to creating an enabling environment for investments in our special economic zones.
The ongoing review of the SEZ Act will herald a new dawn in making Kenya globally competitive and a hub for manufacturing.
US-Kenya Investment and trade & the opportunities