Speaker Muturi seeks FDI in tech sector from Serbian investors

Speaker Muturi seeks FDI in tech sector from Serbian investors

October 25, 2019 0 By mykenyancareers
SERBIA KENYA MUTURI - Speaker Muturi seeks FDI in tech sector from Serbian investors
Speaking when he met officials of the Serbian National Chamber of Commerce on Thursday, Speaker Muturi said huge opportunities for investment have been lost in the past emphasizing the need for Kenya and Serbia to explore trade opportunities that exist in the respective countries/Parliament of Kenya

NAIROBI, Kenya, Oct 25 – The Speaker of the National Assembly Justin Muturi has urged Serbian investors to embrace Kenya’s advancements in the data protection and digital transformation and consider making direct investment in the country.

Speaking when he met officials of the Serbian National Chamber of Commerce on Thursday, Speaker Muturi said huge opportunities for investment have been lost in the past emphasizing the need for Kenya and Serbia to explore trade opportunities that exist in the respective countries.

The House Speaker further informed the captains of business in Belgrade, the Capital of Serbia, led by Jelena Jovanovic opportunities are abound for investment given the incentives Kenya offers to investors who choose to set up industries in Special Economic Zones and the Export Processing Zones.

Outlining the government’s Big Four agenda on Food Security, Manufacturing, Affordable Housing and Universal Health Care; Muturi undertook to liaise with the Ministry of Trade in Nairobi, the Kenya National Chamber of Commerce and the Kenyan Embassy in Paris (which covers Serbia) to hasten facilitation for potential investors.

The Kenyan delegation which is on a 4-day official visit on the invitation of the Speaker of the National Assembly of Serbia, Maja Gojkovic, also heard of Serbia’s exploits in the ICT sector especially in data management and biometrics.

The ICT representatives from the sector who attended Thursday’s meeting expressed interest in supporting Kenya develop the data protection regulatory framework, even as the country embraces a digital shift towards public documentation and information management.

Speaker Muturi’s visit which closely follows Speaker Gojkovic’s visit to Nairobi is the first high level visit by a senior Kenyan government official to Belgrade.