CS Kuria Signs 6 Deals With 30 Saudi Tycoons

Trade Cabinet Secretary Moses Kuria gifting the Saudi Minister of Investments, Khalid Al Falih on July 12, 2023.
Trade Cabinet Secretary Moses Kuria gifting the Saudi Minister of Investments, Khalid Al Falih on July 12, 2023.
Photo
Moses Kuria

Trade Cabinet Secretary Moses Kuria on Wednesday, July 12, announced that Kenya signed six deals with visiting Saudi Arabia investors including job opportunities.

In a statement, Kuria revealed that the job opportunities will target 10,000 Kenyans and will be based in the Middle East country.

The CS added that the government targeted to increase the job opportunities to one million as part of the partnership.

Other deals agreed upon cover several sectors including Agriculture, poultry, meat products, energy, and banking sectors

Trade Cabinet Secretary Moses Kuria speaking during a meeting with Saudi Arabia investors on July 12, 2023.
Trade Cabinet Secretary Moses Kuria speaking during a meeting with Saudi Arabia investors on July 12, 2023.
Photo
Moses Kuria

"Kenya is the gateway to the rest of Africa and I am more than convinced we are on the right track. This country will achieve its greatest wins once we embrace and make it easy for investors to come into the country.

"The Saudi Minister of Investments, Khalid Al Falih, has reiterated his Government's commitment to invest in Kenya. Both the government and the investors are ready to move into our economy immediately," read the statement in part

The CS also indicated that the government was seeking to step up the construction of industrial parks across the country so as to attract similar investments.

He also downplayed the ongoing demonstrations organised by Azimio adding that investors were resilient in investing in the country owing to the country's potential.

"The train has left the station and investors from all over the world are fighting for a chance to invest here.

"It's also of great importance for our educational institutions to collaborate with the Saudi Arabia Govt and come up with a curriculum that fits the Saudi market, for us to be able to export more of our trained experts," he stated.

Kuria was accompanied by his labour counterpart Florence Bore for the Wednesday meeting

The Trade CS was meeting with a delegation of Saudi investors who came to the country for bilateral talks. The delegation of over 30 members controls a number of companies estimated to be worth over ksh140 trillion.

Trade Cabinet Secretary Moses Kuria and his Saudi Arabia Counterpart Khalid Al Falih and CS Florence Bore at a meeting on July 12, 2023.
Trade Cabinet Secretary Moses Kuria and his Saudi Arabia Counterpart Khalid Al Falih and CS Florence Bore at a meeting on July 12, 2023.
Photo
Moses Kuria

 

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