Kenya's FDIs may have doubled in 2016 to Sh248.43 billion, says KenInvest CEO - News Summed Up

Kenya's FDIs may have doubled in 2016 to Sh248.43 billion, says KenInvest CEO


KenInvest said there has been immense investor appetite in key sectors, including oil and gas, manufacturing, agro-processing, infrastructure development, financial services and ICT. Ikiara estimated the figure may have doubled to $2.4 billion (Sh248.43 billion) in 2016. Transport CS James Macharia urged the Japanese investors visiting the country for a tour of the Dongo Kundu's proposed Special Economic Zone to tap into the country’s investment opportunities. The minimum required in foreign direct investment is $100,000 (Sh1.03 million) is set to be increased under the proposed National Investment Policy. “We are still in the process of developing the National Investment Policy.


Source: The Star April 20, 2017 05:48 UTC



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