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President Ruto Visits Hague, Insists Kenya Is Committed To Attracting Investors

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First with the News

President Ruto Visits Hague, Insists Kenya Is Committed To Attracting Investors

May 8, 2023
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President Williams Ruto in Netherlands

President Williams Ruto in Netherlands

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As part of his two-day official visit to The Hague in Netherlands, President William Ruto on Monday made a return to the Dutch city where the International Criminal Court (ICC) is headquartered.

The last time Ruto was in the city was in 2013, then serving as Deputy President.

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According to President Ruto, his government is committed to making Kenya an attractive investment destination.

While speaking during a business forum, 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.

During the meeting, Ruto noted that, Kenya values the cordial relations it enjoys with the Netherlands.

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

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. The Export Processing Zones Authority (EPZA), there are at least 10 EPZs in Kenya and 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.

Ealier, The President’s motorcade, complete with outriders, was seen leaving the Kenyan Embassy for a meeting with King Willem-Alexander and Queen Máxima of the Netherlands at Noordeinde Palace.

The leaders committed to strengthen ties between the two countries for the mutual prosperity of their citizens.

This includes enhancing trade in horticulture, livestock, tea and coffee, fruits, vegetables, fish and tobacco.

Ruto and the King also discussed the climate change challenge, Kenya’s agenda for green growth and wildlife conservation.

King Willem said Netherlands will continue supporting Kenya in the development of arid and semi-arid lands, rural domestic water supply and sanitation, health, infrastructure development and agricultural research.

Tags: breakingHeritageheritage timesheritagetimesmediaKing Willem-AlexanderlatestnewsPresident William RutoQueen Máxima of the Netherlands at Noordeinde Palace.the heritage timesthtthtafricatop stories
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