NAIROBI, (Xinhua) --
International exhibitions will be held in Kenya
frequently to help showcase investment opportunities in
President Uhuru Kenyatta’s Big Four Agenda including
manufacturing, food security, housing and universal health
coverage, a senior official said on Tuesday.
Chris Kiptoo, the
principal secretary in the ministry of industry, trade and
cooperatives, said the government and private sector partners
will be organizing regional and international exhibitions to
sell Kenya as an ideal investment destination.
play a pivotal role in promote the growth of investments in
sectors that could help us realize goals set out in the Big Four
Agenda and 2030 economic blueprint,” said Kiptoo.
He spoke in Nairobi
during the opening of 21st edition of Kenya
International Trade Exhibition that attracted 150 exhibitors
from 30 countries in Asia, Africa and Europe.
The two-day trade
fair which is expected to attract 5,300 visitors will showcase
products covering agriculture and manufacturing sectors,
pharmaceutical, plastic and printing, hospitality, food and
Kiptoo said this
year’s edition of Kenya international trade exhibition was
timely as the government rolls out a raft of incentives to
attract investments in sectors that have a huge impact on the
Big Four Agenda.
“We believe that
private sector led initiatives will be key to realization of our
growth agenda. The government has created a conducive
environment for investors to play a meaningful role in advancing
development,” Kiptoo remarked.
He noted that
creation of a commodities exchange platform, wholesale hubs and
special economic zones, will enable the private sector fully
exploit emerging investments opportunities in Kenya.
and trade retail sector that accounts for 7.6 percent of the
country’s GDP, is expected to catalyze industrial growth while
creating new jobs.
Kiptoo said Kenya is
well positioned to tap into opportunities presented by
international trade exhibitions to accelerate transition from
subsistence to high tech manufacturing led economy.