South Korean Business Community To Explore Investment Opportunities In Kenya

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Kenya and South Korean business organizations have signed a partnership agreement to fast-track trade and investment.

They agreed to pursue development-oriented policies that support job creation, entrepreneurship, creativity, innovation and encourage the growth of Micro, Small, and Medium Enterprises.

The agreement also seeks to promote effective Public-Private Partnerships and address youth unemployment.

The deal was signed by the Kenya National Chamber of Commerce and Industry (KNCCI), the Korea Institute of Procurement, and South Korea's SDG Youth.

President William Ruto said Kenya has created an enabling environment to attract investors.

He welcomed the South Korean business community to invest in major projects in transport, infrastructure, agriculture, health, and ICT in Kenya.

Kenya, he added, had put in place laws to facilitate Public-Private Partnerships.

"Kenya has tremendous human talent. You can get any skill you need," said President Ruto.

President Ruto was speaking in Seoul, South Korea, during a business forum to unlock trade and investment opportunities between Kenya and South Korea.

The organizations also agreed to prioritize investments that will fast-track the realization of the United Nations (UN) 2030 Agenda for Sustainable Development.

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  • 1dc7e9c7146e8279d45876373ee680e3?s=80&d=mm&r=g South Korean Business Community To Explore Investment Opportunities In Kenya

    Samuel Ouma is an enthusiastic communication and media personnel with five years of experience. Samuel holds a Bachelor's Degree in Communication and Media from Laikipia University, Kenya. He specializes in research, news writing, editing and presenting, photography, videography as well as communication-related issues inside and out of an organization.

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