President Ruto makes case for more American investments in Kenya

President William Ruto Wednesday championed Kenya as an ideal place for major American businesses to invest.

The Head of State who has been in New York for the United Nations General Assembly met the American business community and invited them to put their money in the country.

Speaking during a Kenya-US executive business round-table, Ruto cited “Kenya’s strong democracy, security, her people and developed infrastructure” as grounds providing a conducive environment for new investments.

“Investors can predict the future of Kenya because it’s a democratic country. We have demonstrated as the people of Kenya, that the rule of law underpins public affairs,” the President said.

According to a statement released by the President’s communication team, Ruto advocated for increased bilateral commercial cooperation between the US and Kenya, even as he indicated that he is “looking forward establishing new relationships and strategic partnerships with the U.S business community” to enhance Kenya’s economic and social transformation.

During the high-level meeting hosted by the US Chamber of Commerce on trade and investment relationships between Kenya and the US, the two sides are said to have explored ways in which the US business community can partner with Kenyan industries to achieve the President’s vision and development agenda.

“The President further held business meetings about fertiliser production and green energy to enhance Kenya’s agricultural production, to create jobs and develop a more resilient economy,” the statement added

The communicated also disclosed that President Ruto was also a guest of honour at the Africa Investment Partnership Forum hosted by the United Nations Development Programme.

“The evening’s discussions centred on moving Africa from aid to investment. Participating in the meeting were leaders from the private sector, international development organisations and diplomats,” the presidential communication team noted

President Ruto will deliver Kenya’s National Statement at the United Nations General Assembly on Wednesday evening, at approximately 9 pm.

  

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