KenInvest unveils plan to boost Kenya’s climate investment

KenInvest unveils plan to boost Kenya’s climate investment

NAIROBI, Kenya, Dec 21 – Kenya Investment Authority (KenInvest) yesterday unveiled a plan to enhance investment in climate through a new strategic plan.

It follows the recent publication of a draft investment promotion and facilitation bill by KenInvest.

The bill, which is now open for public participation, aims to attract local and foreign investment in manufacturing, agriculture, technology, and infrastructure development.

By 2027, Kenya wants to encourage and secure Sh1 trillion worth of investment across various economic sectors.

“The new Strategic Plan leverages the successes achieved in its predecessor, with a dedicated focus on facilitating and attracting new, high-impact investments to stimulate economic growth and foster wealth and employment creation,” June Chepkemei, CEO of KenInvest, said.

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