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Wednesday, October 27, 2021

Agency lauds county’s readiness to host investment conference

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Dr Arthur Onyuka Ag.Deputy Director KIRDI, Managing Director Kenya Investment Authority (KenInvest) Moses Ikiara, Kisumu Governor Anyang Nyongo when he held a consultative meeting with government officials and state agencies on the upcoming planning and investment conference to be held in Kisumu in September. [Wilberforce Okwiri, Standard]

A government agency has lauded Kisumu County’s preparations to host the upcoming investor conference. The county government hopes to use the conference planned for September 26-29 to market various investment opportunities in the region.

The county hopes to attract investors into various sectors including agriculture, manufacturing, industrialisation, sports, health, culture and talent development, film, tourism, infrastructure and energy among others, according to local officials.

The management of Kenya Investment Authority (KenInvest) on Tuesday said it was pleased by the preparations so far and that it looked forward to a successful conference.

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“Going by the organisation of pre-conference events, the county is well prepared to host the conference,” said KenInvest Managing Director Moses Ikiara.

He added: “I commend the county government for the infrastructure developments it has achieved ahead of the conference. They have already met development partners and are today (Tuesday) meeting government agencies.”

The county government team last Tuesday met members of the diplomatic community. The team has lined up two more meetings with the private sector and local business community ahead of the conference.

Dr Ikiara said his agency will also take advantage of the conference to lobby for private investment in the country.

“If you look at the Vision 2030, the target is to make sure private investment, as a share of Gross Domestic Product, is at least 24 per cent and experts can develop projects that will help us achieve that aspiration. When you see counties organising such conferences, we know it is going to help us in this course and we hope to see more investors take up opportunities in Kisumu,” said Ikiara, who was a member of the Vision 2030 board.

Governor Anyang’ Nyong’o said they have made necessary arrangements to ensure Covid-19 containment measures are observed.

“We have organised both virtual and physical meetings to be held at the spacious Jomo Kenyatta International Stadium. There will be breakaway tents, domes and cubicles and VIP pavilions among other conference facilities,” said Nyong’o.

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