NAIROBI (Xinhua) --
The Kenyan government has intensified efforts to attract Chinese
investments in key sectors of the economy like manufacturing,
energy, transport, tourism and real estate, a senior official
said on Friday.
Speaking during the
China (Guangdong)-Kenya Economic and Trade Cooperation
Conference in Nairobi, Cabinet Secretary for Labor & East
African Community Affairs Phyllis Kandie said Kenya is open to
Chinese investments to hasten economic and social renewal in
line with Vision 2030 blue print.
“As we embark on
implementation of Vision 2030 to transform Kenya into a
middle-income economy, investments from China will be critical
to achieve this goal,” Kandie said.
Guangdong Province Zhu Xiaodan, Chinese Ambassador to Kenya Liu
Xianfa and some 200 business executives from China and Kenya
attended the meeting.
culminated in signing of agreements between Guangdong and Kenyan
business entities to enhance future collaboration.
Kandie said Kenya
was honored to host the largest delegation of Chinese investors
in recent history.
“China is Kenya’s
largest trading partner and source of foreign direct
investments. We look forward to vigorous discussions with
Chinese investors on opportunities in tourism, mining, ICT, real
estate and manufacturing sectors,” said Kandie.
Kandie said joint
ventures between Chinese and Kenyan firms will also be critical
to develop the nascent oil and gas sector in the country.