Ruto woos UK business moguls to create jobs for Kenyan youths
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Ruto woes UK business moguls to invest in Kenya in a new push to create jobs for Kenyan youths
Ruto woes UK business moguls to invest in Kenya in a new push to create jobs for Kenyan youths.
President William Ruto on Saturday, May 6 wooed businessmen in the United Kingdom to invest in Kenya.
The President said the investors showed interest in putting their funds in agriculture, energy, water and housing sectors in Kenya.
“Kenya is cultivating a vibrant, predictable and stable institutional framework with irresistible incentives and guarantees that will stimulate the flow of foreign investments into the country.
According to the Head of State, the move would create more jobs for the youth abroad as well as improve the economic state of the country.
“In the long-run, this will introduce world-class technologies and expertise, create more jobs for the youth and spur our economic growth.
“In London, wooed a group of investors from the United Kingdom who have shown interest in putting their funds in agriculture, energy, water and housing sectors in Kenya,” he said in a statement.
In his Kenya Kwanza manifesto, President Ruto promised to create more employment opportunities for youths in the country by securing investors and investing in different projects.
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Ruto was speaking in UK where he attended the coronation of King Charles III.
After coronation, the President left UK for The Netherlands for a series of bilateral meetings that include a meeting with King Willem-Alexander.
“During the visit, Kenya and the Netherlands will explore new areas of cooperation and strengthen existing partnerships between the two countries in critical areas such as trade and investment, development cooperation and multilateral fora,” State House Spokesperson Hussein Mohamed said in a statement.
President Ruto will, thereafter, embark on a two-day State visit to Israel where he will meet Prime Minister Benjamin Netanyahu.
“During the visit, the two leaders will hold high-level bilateral meetings and discuss areas of mutual interest, including technology and innovation, manufacturing, agriculture and defence cooperation,” Mohamed added.
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