President Uhuru Kenyatta has prompted the private sector business in its role towards boosting the country’s economy.
Speaking during the Mauritius-Kenya Business Forum, the president stated that: “The success of the private sector is key in job and wealth creation as well as in the generation of the revenue needed by governments to provide basic services to citizens.”
President Uhuru Kenyatta alongside Mauritius Prime Minister Pravind Kumar Jugnauth further stated their countries commitment to continue supporting the private sector by ensuring a conducive environment for enterprises to thrive.
“Mine is to pledge to my good friends here (private sector players) that we will do everything we can to facilitate you, to ensure that you prosper and our nations prosper so as to create jobs,” President Kenyatta said.
The event themed, “Mauritius-Kenya: An Economic Corridor promoting Intra Africa Trade & Investment” brought together business people to chart ways of deepening private sector led trade and investment between the two nations.
It was organised by the Mauritius Economic Development Board, the Mauritius Chamber of Commerce and Industry, the Kenya Private Sector Alliance (KEPSA) and the Kenya Investment Authority (KenInvest).
President Kenyatta told Mauritian investors looking to invest in Kenya that his government is in the process of setting up a one-stop-shop for processing requisite documents so as to cut down on the bureaucracy of establishing enterprises.
“We are two countries with a common vision, share common principles and values. We are open societies, democratic societies that believe in the rule of law,” the President said.
President Kenyatta noted that Kenya and Mauritius economies are largely driven by enterprise and a thriving service sector which serves over 700 million people in the continent’s hinterland, a reality he said makes the two nations ideal destinations for private sector investment.
He challenged the private sector to take advantage of the strengthening bilateral ties between Kenya and Mauritius to ensure that the two nations move up the economic value chain, create sustainable economies by accessing international markets and attract foreign direct investments.