President William Ruto on Saturday, May 7, met several investors in London in a fresh push to secure job opportunities for the Kenyan youth.
Ruto arrived in the United Kingdom for the coronation of King Charles III at Westminster Abbey, United Kingdom.
He stated that the investors had shown interest in different sectors including agriculture, water and housing.
According to the Head of State, the move would create more jobs for the youth abroad as well as improve the economic state of the country.
“In London, I wooed a group of investors from the United Kingdom who have shown interest in putting their funds in agriculture, energy, water and housing sectors in Kenya.
“In the long run, this will introduce world-class technologies and expertise, create more jobs for the youth and spur our economic growth,” stated Ruto.
Further, he noted that the move would ensure a flow of foreign investments in the country noting that Kenya was developing irresistible incentives for investors.
“Kenya is cultivating a vibrant, predictable and stable institutional framework with irresistible incentives and guarantees that will stimulate the flow of foreign investments into the country,” added the president.
Through the Kenya Kwanza manifesto, the president promised to create more employment opportunities for youths in the country by securing investors and investing in different projects.
He also pledged to nurture the talent of the youth to enable them earn a decent living and inject billions to fund youth-owned enterprises.
The Head of State had been hosting several delegates in the country and inking several deals to provide more opportunities for Kenyans.
Earlier on Tuesday, May 2, he announced that his government inked a deal with its Canadian counterparts on expanding job opportunities for Kenyans in the North American Country.
He noted that the government would align the training of health workers at KMTC and technical and vocational institutions with the Canadian curricula to improve the graduate's suitability in the foreign job market.
According to statistics from the World Bank (2022), the rate of unemployment in Kenya rose from 2.8 per cent in 2016 to 5.7 per cent in 2020 and 2021.
