New Delhi, Oct 29, 2015
A number of high-level Indian investors are expected to attend the upcoming Kenya International Investment Conference (KIICO) on 23rd-25 th November 2015 in Nairobi, as India emerges as a top trading and investment partner with Kenya.
In recent years, Indian companies have accounted for a growing portion of investments flowing into Kenya, with commercial real estate and telecommunications a key target sector for the south Asian nation. With this year’s KIICO nearing, Indian firms are expressing interest in Kenya as trade delegations seek out live investment opportunities across Kenya.
Speaking at the official KIICO 2015 launch, Phyllis Kandie, Cabinet Secretary of the Ministry of East African Affairs, Commerce and Tourism, said:
“There is a major opportunity to leverage and combine India and Kenya’s fast-paced economic growth to build mutually beneficial and high-return business projects. Kenya’s ability to drive technology adoption in the region has become a major proof point of our country’s appeal as an investment destination for Indian firms – and through the Kenya International Investment Conference, we seek to showcase the opportunities on offer to Indian companies in ICT and across Kenya’s key growth sectors.”
A global event now in its second year, KIICO has solidified Kenya’s reputation as the region’s top meeting place for companies and investors eager to grow their business and make proven returns on investment in East Africa.
Connecting business leaders from international and local markets to sign deals across the region, KIICO 2015 is expected to draw in more than 1,500 local and international delegates and press attendees from around the world.
Speaking during the conference launch, Dr. Moses Ikiara, Managing Director of the Kenya Investment Authority, said, “Kenya is attracting a multitude of global investors and over the past 12 months, we have seen a marked rise in interest in the agribusiness, ICT, apparels & textiles, leather and renewable energy sectors. To facilitate this interest, KIICO 2015 is highlighting these key growth sectors, as we aim to encourage businesses to ‘Think Investment – Make It Kenya ’ – the central theme of this year’s conference.”
“With a streamlined focus for this year’s KIICO, we foresee a high uptake of investment opportunities in 2015 and beyond,” concluded Ikiara.
Alongside KIICO and as part of the country’s Make It Kenya campaign, Kenya will continue to roll out a series of measures to enhance the ease and cost of doing business, with the Kenya Investment Authority (KenInvest) taking major steps to build positive investor sentiment in India.
KenInvest is set to open a one-stop-shop investor centre later this year in Nairobi, to ensure the end-to-end needs of investors are met under one roof.
Registration Details
To register, please visit kiico.co.ke
Corporate Comm India (CCI Newswire)
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