President William Ruto is set to fly out of the country tomorrow, Friday, November 29.
The head of state has made the announcement while speaking during the African SEZs Annual Meeting, KICC, Nairobi.
Further, the president has detailed that Kenya’s Special Economic Zone (SEZ) will be approved
“Among the assignments I will be having tomorrow, and we have our East African Community (EAC) summit, is to look at the business environment.
“Tomorrow in Arusha, the heads of state from the East African community will be meeting. The item of the Special Economic Zone that was agreed on by our ministers is going to be approved at the summit,” he said.
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Ruto on SEZ in Africa and Opportunities
Additionally, Ruto highlighted the approved EAC Special Economic Zone regulation of 2024, which he noted would encourage trade among member states.
He noted that SEZ are indispensable engines of this growth because they are intentionally packaged to attract impactful investments.
Also, he said that it creates jobs and fosters economic development.
“Accordingly, the recently approved EAC Special Economic Zone regulation of 2024, will ensure the free movement of goods across member states, bolstering the free movement of goods across member states, and positioning economic zones as catalysts for growth,” he added.
Consequently, he invited investors to take advantage of Kenya’s economic zones and open even more opportunities for the African continent.
We, therefore, invite our brothers and sisters across the continent to explore opportunities for joint initiatives that elevate our economic zones and drive our collective transformation.
ADVERT
I am grateful to the Africa Economic Zones Organisation, industry leaders, development partners and the private sector for their demonstrated devotion to Africa’s economic advancement.
Also Read: Inside Govt Project Set to Create 150,000 Jobs for Kenyans
Previous Recent Trips
In November, Ruto left the country for an official visit to South Sudan where he held talks with his host Salva Kiir.
State House spokesperson Hussein Mohamed said that the trip was aimed at consolidating the South Sudanese political transition through the Tumaini Peace Consensus.
During that visit, both leaders reaffirmed their commitment to shared growth, regional cooperation, and sustainable development.
Also, between 3rd to 6th of September, Ruto flew out to China for the Forum on China–Africa Cooperation (FOCAC) Summit in Beijing where he will hold a bilateral meeting with Chinese Head of State Xi Jinping.
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