News
The Cabinet Secretary MITI, Hon. Salim Mvurya is in Riyadh, Saudi Arabia accompanied by a high level Kenyan delegation to attend the 28th World Investment Conference, where Kenya is set to showcase its investment opportunities during a high-profile Ministerial roundtable engagement.
The event, which gathers participants from over 100 countries, provides Kenya with a platform to present its vast economic potential, focusing on key sectors such as manufacturing, infrastructure, renewable energy, agriculture, and the digital economy.
The Ministry of Investments, Trade and Industry (MITI) has called for submission of proposals on legislative reforms for advancing consumer protection, investments, trade and manufacturing.
According to Cabinet Secretary MITI Hon. Salim Mvurya, costs and procedures for domestic trade remained unfavorable and burdensome primarily due to unpredictable tax regime and high cost of power.
The Ministry of Investments, Trade, and Industry is pleased to announce the conclusion of public consultations on legislative and policy reforms aimed at enhancing consumer protection, investments, trade, and manufacturing in Kenya. The valuable input received will be instrumental in shaping the Ministry’s reform agenda, focused on improving the business environment for both local and global investors.
Crystal Frozen and Chilled Foods SEZ Limited's groundbreaking ceremony at the Naivasha Special Economic Zone signifies a pivotal moment in the economic landscape, showcasing a remarkable stride toward progress and development.
PS for Investment Promotion Abubakar Hassan, accompanied CS Hon. Salim Mvurya, together with Deputy Governor David Kones, MP Jane Kihara, the County Commissioner, and SEZ CEO Dr. Chelule, on the groundbreaking of Crystal Frozen and Chilled Foods SEZ Limited at the Naivasha Special Economic Zone.
REQUEST FOR EXPRESSIONS OF INTEREST
(CONSULTING SERVICES – FIRM SELECTION)
CALLING ON ASPIRING INDUSTRIALISTS IN KENYA
The newly appointed Cabinet Secretary for Investments, Trade and Industry (MITI) H.E Hon Salim Mvurya committed to address constraints which have contributed towards the country's decline in manufacturing over the last decade.
Hon Mvurya who officially took over from the outgoing CS Ms Rebecca Miano promised to provide leadership which will guarantee acceleration in the manufacturing sector besides working hard to bring in new investors.
Electric Mobility is a priority investment area in the transport sector because of its market potential and ability to mitigate climate change. PS Abubakar Hassan, was honored to be the chief guest in the launch of the partnership ceremony between Cherry Automobile (the largest Chinese automobile manufacturer) and Kenyan Afrigreen Automobile Limited. This is a 20 M $ Investment in an Electric Vehicle Assembly Plant in Kenya with a potential of 3000 Direct and Indirect Jobs.
The service charter for the state department for Investment Promotion(SDIP).
The Government continues to green the financial sector to allow Green and sustainable financing. Today the PS, Abubakar Hassan was honored to join Stanbic Bank, Nairobi Securities Exchange, and the USADF team led by Dr. Joshua Oigara and Frank Mwiti in unveiling the 2023 sustainability report. Glad to witness 14 Youth Enterprises with impactful business cases in line with Government priority value chains receiving a 700,000 US$ Grant @ 50,000 US$ each.