Kenya Is Open For Business, Says President Ruto

By Samuel Ouma

Kenyan President William Ruto said they have put in place incentives to attract foreign businesses.

He said the Government is improving its one-stop-shop facility to make it easy for investors to do business in the country.

“We have taken measures to implement reforms to attract foreign direct investments,” he said.

President Ruto spoke on Monday during a business forum that brought together investors from the Netherlands held at The Hague in the Netherlands.

He told the investors that Kenya has resolved the bureaucratic VAT refunds.

The Kenyan Head of state also appealed to foreign investors to inject their finances into the affordable housing project, preventive healthcare, MSMEs and the creative economy.

He noted that the country was facing a shortage of houses, especially in major cities.

“We will provide land for the construction of the houses for free to reduce the cost of production,” he said.