President Uhuru Kenyatta on Friday urged world leaders to consider Kenya for investments that would make them good returns.
He flew to Asia for the 2019 Singapore Summit and will address the forum on Saturday, as the keynote speaker.
“To Singapore, Asia and the rest of the world, our nation’s message is: Kenya is open for business and investment for players with a strategic interest in tapping into one of Africa’s fastest-growing economies as well as the enormous potential of the entire Eastern and Central Africa region,” read Uhuru's statement that was sent to news rooms.
He also expressed admiration for Singapore’s housing scheme, which accommodates 80 per cent of the country’s population and heavily subsidised by the government.
The president was taken through details of how Singapore managed to maintain high standards in its housing programs to ensure that citizens get quality houses under the program.
“Taking heed of the examples set by Singapore and other nations that have emerged from low-income nation status, Kenya has embarked on a transformative agenda to turn our country into a newly industrializing middle-income country by the year 2030, through the implementation of the Kenya Vision 2030,” Uhuru stated.
The head of state also visited the Port of Singapore Authority (PSA) which manages one of the most efficient and busiest seaports in the world.
Kenya is already working in partnership with PSA to improve the efficiency of Mombasa Port, which like Singapore, is a hub port.
President Kenyatta communicated that he was looking forward to seeing improvement in the operational capacity of Mombasa Port through its partnership with PSA
The President was accompanied by Central Bank Governor Patrick Njoroge and Housing Principal Secretary Charles Hinga.
