Eastleigh gears up for business summit to showcase opportunities

"We urge the national and county governments to enhance the business environment through further investments in infrastructure and security. Eastleigh's contribution to the economy will grow more quickly if it is nurtured well."

This is the second time the business summit is being held in the area.

Entrepreneurs, managers and investors at the summit will share their insights on the strategies of building sustainable businesses.

The summit will also enable participating businesses educate stakeholders on the opportunities and challenges available in the area.

Mr Mohammed said the summit also targets investors looking to start businesses in Eastleigh, expand their current ventures, or better understand the latest market trends and build business networks.

"We want to debunk the negative perceptions of Eastleigh that have been built over the years. This will enable the area attract more business and investors," he said.

The meeting will culminate in an Eastleigh Awards ceremony in which business leaders making a positive impact in creating jobs and giving back to the community will be recognised.

Among the businesses participating in this year's summit include Money transfer firm, Dahabshiil, Safaricom, Kenya Power, Kenya Pipeline Company, furniture manufacture, Ally Baba and Ladnan Hospital, among others.

It is estimated that Eastleigh hosts investments worth billions of shillings and contributes at least 30 per cent of taxes collected by Nairobi County.

The recent months have seen the improvement of economic fortunes of the area, including the construction of roads as well as the relocation of hawkers from the streets.