Ruto meets India's Exim Bank head, discusses plans to set up regional headquarters in Nairobi

President William has met India’s Exim Bank managing director Harsha Bangari, where the head of state discussed plans to set up a regional headquarters in the country.

Ruto said such investments are key to the country’s socio-economic growth.

He said Kenya is committed to deepening its existing bilateral relations with India.

According to Ruto who is in the Asian country for a two-day state visit, the two nations share historical ties dating back to the 18th Century and beyond.

“We are keen on enhancing trade, investment, education, digital economy, healthcare, research and agriculture among other areas of cooperation for the benefit of its peoples,” Ruto said.

“Kenya continues to attract international investors from all parts of the world as part of the Bottom-Up Transformation Agenda,” he said.

President Ruto also witnessed the signing of a Memorandum of Understanding between the Open University of Kenya and Indira Gandhi National Open University (IGNOU).

The MoU seeks to diversify Kenya’s programmes and enhance its technological infrastructure.

The President further held talks with Procorp Enertech Private Limited chief executive officer Srinivasa Raju Gannavarapu.

The company committed to investing in transport infrastructure in the region to enhance connectivity and stimulate economic growth.

The two also explored investment opportunities in the Lake Region Economic Bloc.

Prime Cabinet Secretary Musalia Mudavadi and Treasury PS Chris Kiptoo are among those accompanying the President on the trip.

The Head of State also held talks with the Minister of External Affairs Subrahmanyam Jaishankar.