World Chamber Congress to inject Ksh.30B into economy

The World Chamber Congress is expected to inject more than Ksh30 billion  into the Kenyan economy if the country succeeds in hosting the global meeting.

The Kenya National Chamber of Commerce and Industry, which is pushing Kenya’s bid to host the meeting here in Nairobi, says Kenya is banking on the goodwill of hosting major events, unrivalled heritage and exceptional climate to win the bid.

Four countries are bidding to host the 12th World Chamber Congress in 3 years time.

The four including Kenya, Dubai, Iran and Ethiopia presented their bid documents in Beijing early this month to the World Chambers Federation meeting in Beijing.

The 47 member federation is now in the process of securitizing the four cities bidding to host the congress after the Rio de Jeneiro meeting next year.

The race is between Kenya and Dubai. James Mureu, the chair of the Kenya bid committee says Kenya has presented a strong case to the federation in Beijing and expects to garner more than half of the 47 votes.

If Kenya out-stages the other three contenders, it will be the second country in Africa to host the event after South Africa in 2005.

Kenya is banking on the successful hosting of other major meetings like the World Trade organization in 2015, the Global Entrepreneurship Summit and the UNCTAD meeting to woo the planners.

In readiness for the meeting to be held at the Kenyatta International Convention Center, the venue is expected to go through a major rehabilitation to accommodate the thousands of delegates expected for the two day meeting.

Mureu says if Kenya succeeds in hosting the meeting it will cement Kenya’s position as a preferred meeting destination.

The congress is expected to bring more than 1,500 delegates into the host city.

Other countries that have hosted the meeting in the past are Mexico, Qatar France, Canada, Turkey South Korea, Malaysia, and Italy.














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