President William Ruto has revealed that a group of investors from the United Kingdom he wooed to invest in Kenya have expressed their interest in the agriculture, energy, water and housing sectors.
Ruto said that after speaking to a group of UK investors in London, highlighting the country's institutional framework that promises to attract foreign investments in key sectors.
The framework is based on cultivating a stable and predictable environment that offers irresistible incentives and guarantees to investors.
"In London, wooed a group of investors from the United Kingdom who have shown interest in putting their funds in agriculture, energy, water and housing sectors in Kenya," Ruto said.
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This, in turn, will introduce world-class technologies, create more job opportunities for the youth, and spur economic growth.
The aim is to attract foreign investors in the long run and create a vibrant, predictable, and stable institutional framework that will stimulate the flow of foreign investments into the country.
Kenya's institutional framework is anchored on creating a conducive environment for foreign investments that will spur economic growth and improve the country's living standards.
"In the long-run, this will introduce world-class technologies and expertise, create more jobs for the youth and spur our economic growth," he added.
Ruto jetted out of the country on Friday and went to the UK to attend King Charles the Third's coronation.