Agency lauds county's readiness to host investment conference
Nyanza
By
James Wanzala
| Aug 11, 2021
A government agency has lauded Kisumu County’s preparations to host the upcoming investor conference. The county government hopes to use the conference planned for September 26-29 to market various investment opportunities in the region.
The county hopes to attract investors into various sectors including agriculture, manufacturing, industrialisation, sports, health, culture and talent development, film, tourism, infrastructure and energy among others, according to local officials.
The management of Kenya Investment Authority (KenInvest) on Tuesday said it was pleased by the preparations so far and that it looked forward to a successful conference.
“Going by the organisation of pre-conference events, the county is well prepared to host the conference,” said KenInvest Managing Director Moses Ikiara.
READ MORE
Regulator, millers to hold crucial meeting to resolve cane price dispute
Counties leaders demand higher stake in tea estate sale
Firm charts green energy path with low-carbon emission engines
CA pushes for Sh88.5b nation-wide broadband
New Eco Levy threatens Kenya's green future and jobs, say experts
Kenyan forex traders face dream and reality gap, experts say
Kenya calls for reforms and more say in global lending institutions
CA: Internet disruptions to continue
He added: “I commend the county government for the infrastructure developments it has achieved ahead of the conference. They have already met development partners and are today (Tuesday) meeting government agencies.”
The county government team last Tuesday met members of the diplomatic community. The team has lined up two more meetings with the private sector and local business community ahead of the conference.
Dr Ikiara said his agency will also take advantage of the conference to lobby for private investment in the country.
“If you look at the Vision 2030, the target is to make sure private investment, as a share of Gross Domestic Product, is at least 24 per cent and experts can develop projects that will help us achieve that aspiration. When you see counties organising such conferences, we know it is going to help us in this course and we hope to see more investors take up opportunities in Kisumu,” said Ikiara, who was a member of the Vision 2030 board.
Governor Anyang’ Nyong’o said they have made necessary arrangements to ensure Covid-19 containment measures are observed.
“We have organised both virtual and physical meetings to be held at the spacious Jomo Kenyatta International Stadium. There will be breakaway tents, domes and cubicles and VIP pavilions among other conference facilities,” said Nyong’o.
- New Eco Levy threatens Kenya's green future and jobs, say experts
- Kenya, Uganda to extend oil pipeline from Eldoret to Kampala