Kenya

Kenyatta: We Only Want Focused Investors

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“Kenya is open for business to investors who share our vision of accelerated economic growth and improvement of the lives of Kenyans,” the President said.


The President spoke yesterday at State House, Nairobi, during a meeting with Mr. Jonathan Openheimer, the director of E. Openheimer and Sons Limited –a South African investment holding company.


President Kenyatta encouraged Mr. Openheimer to take advantage of the conducive business environment that the Government has created, saying investment opportunities exist in most sectors including infrastructure, energy, transport, telecommunication and value addition.


“We are ready to work with you in any sector that you are interest in so long as it will help in the creation of jobs for our youths,” President Kenyatta said.


He also urged investors to venture into the counties where investment opportunities are now emerging.


“Devolution has opened up many opportunities at the counties where focused investors could set up shop,” President Kenyatta said.


Speaking during the meeting, Mr. Oppenheimer said his company was committed to supporting Africa’s sustainable growth. Mr. Openheimer said he was looking for areas of investment that had direct benefit to the people of Kenya.


He said his company would invest in infrastructure projects in Kenya as part of its entry point, adding that other projects would later follow.


The meeting was also attended by Cabinet Secretaries Amb. Amina Mohamed, Eng. Michael Kamau, Dr. Fred Matiang’i, Adan Mohamed and Najib Balala, and the Lamu Port Southern Sudan-Ethiopia Transport (LAPSSET) corridor Chairman, Amb. Francis Muthaura, among others.

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