Kenya: Return On Investment Guaranteed in Kenya, DP Ruto Tells Americans
New York — Deputy President William Ruto has urged American investors to consider investing in Kenya, saying it has the best infrastructure and environment for maximum returns.
Ruto assured investors in the US where he was attending the UN General Assembly that the Government has put in place proper infrastructure that will provide mutual benefit to countries trading with Kenya.
“Kenya is ready for investment. We are not looking for aid or grants; we want investors who can make returns as well as create jobs for our people. We are a competitive country and we have tremendously improved the climate of doing business,” he said during a roundtable with the Business Council for International Understanding in New York, US on Friday.
Ruto said the country has cut down bureaucracy to register companies, expanded infrastructure and distributed electricity on a large scale.
He said Kenya was an attractive destination for Foreign Direct Investment (FDI) in Africa and one of the best emerging markets worldwide.
“We are just getting started. Partner with us, grow with us and trade with us. Kenya is going places. Join us for the ride,” Ruto told the meeting.
The Deputy President said significant investment in infrastructure, agriculture, energy, information technology, transport, water and economic sectors will give the country a competitive advantage over its neighbours and an edge in the global market.READ MORE