Trade Cabinet Secretary Moses Kuria on Monday held a discussion with Saudi Arabia's Minister for Commerce and Media.
In a statement, the two agreed to implement a framework for the forthcoming Saudi Investments in Kenya.
"The investments will be in various sectors including manufacturing, logistics, oil & gas, petrochemicals, energy, water, digital economy and agriculture," he said.
"We have also agreed on the framework for managing a B-to-B exchange program between Kenyan companies and Saudi Companies."