Home Business Trade Ministry, KenInvest host Indonesian business delegation

Trade Ministry, KenInvest host Indonesian business delegation

by kenya-tribune
6 views

NAIROBI, Kenya, July 13 – A high-level delegation of Indonesia’s business community is in the country to discuss trade partnerships between the two countries.

The Indonesian team is led by the Minister of Maritime Affairs and Investment, Luhut Binsar Pandjaitan.

His entourage includes representatives from the energy, agriculture and livestock, oil and gas, edible oils, textiles and apparel, and tourism sectors.

Others are water, pharmaceuticals, electrical vehicles, the blue economy, and mining.

Kenya’s Ministry of Investment, Trade, and Industry and the Kenya Investment Authority (KenInvest) seeks to use the visit to strengthen bilateral ties and explore lucrative investment opportunities for the country.

Trade Cabinet Secretary Moses Kuria announced that Pertamina CEO Nickie Widyawati, who is the World’s 23rd most influential woman, has promised to invest Sh400 billion in the country’s energy and oil sectors.

Kenya’s Export Processing Zone Authority will also partner with Indonesia’s textile industry to set up a factory in the country that will employ more than 5,000 people.

Pandjaitan and the Indonesian business delegation met CS Kuria, Energy & Petroleum CS Davis Chirchir, and Mining, Blue Economy, and Maritime Affairs CS Mvurya Salim, as well as local business partners.

They shared knowledge, explored investment opportunities, and fostered meaningful collaborations in sectors such as maritime affairs, investment, and trade, among others.

Advertisement. Scroll to continue reading.

Sited on a strategic location besides being East Africa’s gateway and thriving economy, Kenya presents an attractive investment destination for Indonesian businesses.

On her part, KenInvest Managing Director (MD) June Chepkemei presented various ready and bankable projects that Indonesian companies can take up.

You may also like