Kenya calls on business sector in Guangdong to cooperate with it to help fulfill the country's development agenda
The Kenyan government has called on investors from China's
Guangdong province to set up enterprises in the East African country to
help boost its development agenda.
Speaking at the recent China(Guangdong)-Kenya Economic and Trade
Cooperation Conference in Nairobi, Kenya's capital, Betty Maina, the
principal secretary at the Ministry of Industry, Trade and Cooperatives,
said her ministry was eager to collaborate with Guangdong province to
enhance the country's production capacity.
"It is for this reason that the ministry signed a framework agreement
with the chairman of China's National Development and Reform Commission
on May 15, 2017, to strengthen cooperation in production capacity," she
The objective of the agreement is to create a cooperation and
consultation platform, aimed at boosting production capacity in
industrial sectors that include special economic zones, electricity, oil
and gas, railways, roads, ports, metallurgy, building materials,
chemicals, light industry and textiles, agriculture and agri-processing,
telecommunications, electronics, machinery and household appliances.
Maina told potential Guangdong investors that enormous
opportunities exist within the framework of Kenya's Big Four development
agenda, which focuses on the manufacturing, healthcare, housing and
"Efforts are underway to reduce the cost of power and logistics,
among other factors that affect the business environment," she said.
Maina reiterated the government's commitment to enhancing its
partnership with Guangdong province for a "win-win" arrangement within
the Belt and Road Initiative
Moses Ikiara, the managing director of the Kenya Investment
Authority, said Kenya wanted to emulate Guangdong's development prowess.
"Guangdong province has been the top contributor to China's
national economy for the last 29 years, with a GDP of $1.42 billion in
2017, accounting for 10.5 percent of the total," he said.
Ikiara said Kenya was continuously reviewing its investment
environment to ensure that businesses maximize their return on
"Kenya has modernized and simplified various legislation to make
the economy more business-friendly, and has made considerable strides in
reducing the cost of doing business. These reforms have seen
improvements in literally all continental and international business
climate indices," he said.
Ikiara urged Guangdong investors to consider investing in Kenya
by going into joint ventures with Kenyan companies or through
"We want to assure you that Kenya is open and safe for business
and investment. We have very attractive incentives, especially in export
processing zones and (special economic zones). The Kenya Investment
Authority commits to not only assist Guangdong investors in finding
investment opportunities and finding local partners, but also provide
them with the best, friendly pre- and post-investment facilitation," he
Sun Baohong, the Chinese ambassador to Kenya, said China will
continue to push forward the integration of the Belt and Road Initiative
with Kenya's development strategies, particularly the Big Four agenda.
"Kenya is now in its initial stage of industrialization. It
could, therefore, utilize Guangdong's high-quality production capacity,
large amount of capital, advanced technologies and rich experience to
achieve mutual benefit and win-win cooperation," she said.
Sun said China will continuously improve the quality, and
increase the benefits, of its cooperation with Kenya, as well as enrich
investment and financing methods.
"I urge the Chinese enterprises in Kenya to adhere to the
principles of sincerity, practical results, affinity and good faith.
They should also uphold the values of friendship, justice and shared
interests when cooperating with their Kenyan partners," she said.
Sun said the embassy would give full play to the complementary
advantages of both sides and improve the added value of products, thus
driving the transformation and upgrading of China-Kenya cooperation.
Yu Jinfu, the vice-mayor of Huizhou, Guangdong, said her city
attaches great importance to developing friendly relations and
cooperation with Kenya.
"Kenya and Huizhou have strong resource endowment differences,
industrial development gradients and economic cooperation
complementarity. This requires us to continue to strengthen
communication, enhance understanding, open up markets and achieve
mutual-benefit and win-win results," he said.
Yu said the newly opened Huizhou Economic and Trade
Representative Office in Kenya shouldered the important task of
deepening the all-around cooperation between Huizhou and Kenya and the
entire East African region.
"We are willing to join hands with our Kenyan friends to further
deepen and broaden cooperation between Huizhou and Kenya," he said.