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State committed to attracting investors – Ruto

Said the government has put in place incentives to attract foreign businesses.

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by SHARON MWENDE

Football08 May 2023 - 15:20
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In Summary


  • Ruto said the government has put in place incentives to attract foreign businesses.
  • He said the Government is improving its one-stop-shop facility to make it easy for investors to do business in the country.
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President William Ruto at a past event.

President William Ruto has said the government is committed to making Kenya an attractive investment destination.

Ruto said the government has put in place incentives to attract foreign businesses.

He said the Government is improving its one-stop-shop facility to make it easy for investors to do business in the country.

"We have taken measures to implement reforms to attract foreign direct investments," he said.

He spoke on Monday during a business forum in The Netherlands.

President William Ruto during meeting at The Netherlands on May 8,2023.

The President has been inviting world investors to Kenya, noting that it is the getaway to the East African region and the African Continent at large.

Among the ways the government has undertaken to ensure attraction of the investment is the establishment of Export Processing Zones.

According to the Export Processing Zones Authority (EPZA), there are at least 10 EPZs in Kenya.

They are located in different parts of the country, including Nairobi, Mombasa, Athi River, and Kisumu.

Alongside the attraction of foreign investment, the declaration of EPZs is also aimed at the creation of employment opportunities and increasing the country's exports.