Murang'a County Governor Irungu Kang'ata has revealed that the county government is set to host two investment conferences with US-based Kenyans to push for investment in the county.
In a statement on his official X account on Sunday, April 20, Kang'ata said that the county government has scheduled meetings for Kenyans in two states in the United States in preparation for the investment conference, which is set to be held in the next two months.
According to Kang'ata, the meet-ups have been scheduled for April 26 and 27 in Washington DC and Boston.
According to Kang'ata, the first round of meetup will be conducted in Washington on Saturday, April 26 at 33350 20th Avenue, Federal Way, WA 98003, from 2pm, while on Sunday, April 27, a meetup will be held at KCIC-Pacific Highway, Federal Way, at 2pm, while another one will be conducted the same day at 33350 20th Ave, Federal Way, WA 98003.
The second meeting is set to be conducted in Boston State on Saturday, April 27, at St. Mark's Anglican Community Church, 70 James Street, Worcester, Massachusetts.
According to Kang'ata, the investment conference that has been themed 'Unlocking Murang'a as an Industrial Hub' will be conducted on June 13-14 at Thika Greens Golf Resort, Murang'a.
According to Kang'ata, the conference will focus on investment opportunities in the county, particularly in the healthcare sector.
"Muranga is looking for investments from the United States of America. Kenyan diaspora are encouraged to consider attending the 1st Muranga Investment Conference on 13th/14th June 2025, Thika Greens, Muranga, and investing – e.g., the healthcare sector and nursing homes. More info, attend," he said.
Despite recurrent trade and investment hurdles from the United States in the recent months following the return of Donald Trump as the President, economic stakeholders in the country are still optimistic that maintaining strong trade ties with the US will still bear fruit.
On Thursday, April 3, US President Donald Trump signed a new directive that would impose tariffs on countries that apply Value Added Tax (VAT) on imported US products, and despite Kenya being hit with a 10 per cent export tariff, the Trade, Investment, and Industry Cabinet Secretary, Lee Kinyanjui, still emphasised that this might be an opportunity for the country to expand its US market.
The CS, in a statement on Thursday, April 3, said that the new tariffs not only presented challenges but also opened up a gateway for the country to grow its exports of textile products in the United States, where the demand for such products remains high.
According to the CS, the export tariffs imposed on Kenya are much lower than those faced by the country's key textile-exporting competitors, including Vietnam (46 per cent), Sri Lanka (44 per cent), Bangladesh (37 per cent), China (34 per cent), Pakistan (29 per cent), and India (26 per cent).
Kinyanjui stressed the need for more investment in the industry to attract businesses that are seeking alternatives to countries with higher tariffs.
"By harnessing its resources, workforce, and strategic vision, Kenya can not only sustain itself but also emerge as a stronger player on the global stage, proving that even in a shifting trade landscape, its economy can thrive," he added.
