Wetangula Invites Danish investors to explore business opportunities in the country.
Written by Isura Christopher
Read 769 Times
Trade Minister Moses Wetangula has called upon the Danish business delegation led by Danish Minister for trade and Investment Pia Olsen Dyhr to partner with Kenya in the LAPPSET project, the Konza ICT project among other projects in the pipeline; aligned towards Vision 2030.
Speaking during the Kenyan- Danish business day seminar, Wetangulah said that the LAPPSET project is a great opportunity for the Danish business delegation to invest in. He encouraged the delegation to as well partner with Kenyans in the public- private partnership projects that are underway.
Wetangula revealed that there are many investment opportunities in the country in various sectors ranging from energy, transport, agriculture, technology and urged the Danish business delegation to specifically partner with Kenya for mutual benefit, which will lead to commercial viability to both countries.
On the just discovered Oil in Turkana Wetangula said that an exploration opportunity for the commodity has emerged and investors are welcomed to invest.(Read: Kenya discovers oil in Turkana
The Danish Minister in his speech reiterated that Kenya has proved to be an economic hub for East Africa and even a gateway to one of the potentially fastest growing regions in the world.
Olsen revealed that his wish is for Denmark to further develop commercial relations with Kenya’s growing economy and ensure that Danish companies dedicate themselves to focusing on the emerging growth markets in Kenya.
The Danish minister revealed that due to the dependence of Kenya on natural resources there was need for the country to use the Danish expertise so as to help with climate change challenges that is currently facing the country.
“The government of Kenya has made considerable progress in facilitating renewable energy investment trough revisions to the policy framework. Infrastructure and water supply constitute parallel and related challenges,” he said.