Deputy President William Ruto has urged the international community to invest Kenya, noting that Africa has the highest return on investment in the world. Mr Ruto said the ongoing investments in infrastructure, energy and the development of human capital have had a positive impact on the ease of doing business in Kenya.
“There are huge opportunities in agriculture, manufacturing, health and housing which guarantee a return on investment. We would want to interest the private and public sector in Italy to work with Kenya because there is a win-win possibility,” he said. The DP spoke on Monday when addressing private sector players and industry leaders in Rome.
ITALY DAY 2
DP William Ruto engages Kenyan Community in Rome,Italy.#RutoInItaly#Hustle#WSR pic.twitter.com/fnwXeGTjc1
— Murithi Ramires (@murithi_ramires) December 3, 2018
He added that the Kenyan government has enabled a conducive climate for doing business and doors are open for investors to form partnerships. According to him, Kenya and Italy are keen to set up a council, which will assess, monitor and firm up bilateral agreements and sign joint memoranda. Mr. Ruto also met with Italy Deputy Prime Minister Luigi Di Maio, the country’s Foreign Minister Enzo Moavero Milanesi and Kenyans living in Rome.
“Kenya is ripe for investment; we urge our nationals in the diaspora to seize opportunities back home and repatriate their expertise to advance economic progress. “The realisation of the Big Four- food security, universal healthcare, manufacturing and housing- requires skilled manpower, technical proficiency and concerted effort,” he said.
The DP also cited the development swap programme with Italy that he said has disbursed Ksh.4.4billion for water and education projects, including 20 technical training institutions.