NAIROBI, Kenya, Jan 13 – President William Ruto is expected to chair the first inaugural private sector roundtable in March.
The round table seeks to provide a platform to address challenges in the investment sector and agree on solutions within defined timelines.
In its second full council meeting, the National Investment Council (NIC) adopted a resolution to conduct quarterly private sector roundtables to engage in strategic deliberations aimed at fortifying the country’s investment climate.
The private sector roundtable will also focus on catalyzing the influx of Foreign Direct Investment alongside fostering Domestic Direct Investment growth.
“The council Recognizing the paramount importance of real-time feedback on policy impact and identifying barriers to investment, the council adopted a resolution to conduct quarterly private sector roundtables,” the statement from the council read.
Chaired by President William Ruto, the second full meeting was attended by National Investment Council Members, including Investments, Trade and Industry Cabinet Secretary who is the convener, Information, Communication and Digital Economy Cabinet Secretary Eliud Owalo.
Water, Sanitation and Irrigation Cabinet Secretary Alice Wahome, Agriculture and Livestock Development Cabinet Secretary Mithika Linturi, Environment, Climate Change and Forestry Cabinet Secretary Soipan Tuya and Council of Governors Chair Anne Waiguru also attended the meeting.
National Treasury and Economic Planning Cabinet Secretary Njuguna Ndung’u and his Investment Trade and Industry counterpart Rebecca Miano have been mandated to schedule periodic media briefings targeted at investors and the international media.
It is aimed at conveying the accurate stance of the country on fiscal, monetary, and investment matters cognizant of the significance of transparent communication to investors and the nation’s global positioning.
