Security measures implemented to promote investment in Kenya

18/03/2011 - Kenya property & investment news Posted by Neil King
Security measures implemented to promote investment in Kenya

The Kenyan government has implemented security measures designed to promote local and foreign investment in Kenya.

According to the Kenya Broadcasting Corporation, vice president Kalonzo Musyoka has explained that the country's Vision 2030 targets the private sector as the engine of economic growth.

"We welcome private sector participation in this endeavour because the private sector and not government is suited to drive economic growth," he explained.

However, Mr Musyoka noted that peace is of utmost importance for the development of any nation, explaining that the government is committed to providing "an enabling environment for business and investment to thrive".

There are currently a number of large-scale projects undergo, which help to confirm the suitability of Kenya for investment.

These include road construction, rural electrification and investment in housing projects involving international capital and companies.

"Such projects can only be undertaken where peace and stability prevail,'' said Vice President Musyoka. ADNFCR-2019-ID-800468580-ADNFCR