Sonko lures Dubai investors to Nairobi, offers incentives and tax breaks

Governor Mike Sonko has said he will improve the ease of doing business and other incentives to regional and international companies.

He said this will improve the business environment in Nairobi and attract more investors.

Speaking when opening United Arab Emirates (UAE)-Russia-Africa Food Security Forum in Dubai, Sonko said Nairobi is the best city to invest in.

He offered incentives and tax breaks to international investors.

The governor was accompanied by Kenya Chambers of Commerce and Industries national chair Kiprono Kitonny, his agriculture executive member Danvas Makori among other leaders

He told the gathering, which included delegates from UAE, Russia, Uganda, Nigeria, Morrocco and Ethiopia that Nairobi’s vision is to be a city you can invest, live and work in.

“As investors, my government is committed towards making Nairobi a premier and ideal investment destination,” Sonko said.

He also added that the County will work closely with the national government to fast-track work permits and also set up the Special Economic Zones.

“I welcome you, global partners and investors, to harness this opportunity and develop Nairobi,” he said.

Sonko’s sixth pillar in his campaign manifesto is jobs, business environment and business creation.

He said he will make sure he achieves of the above pillars by promoting bilateral partnerships.

“My administration is working round the clock and tirelessly to deliver a city where every Nairobi resident has an equal opportunity to find work, earn a decent wage and prosper. Focus being in business environment re-engineering to accelerate investment, trade promotion and agribusiness investment,” said Sonko.

The delegates who were invited to that forum include; Russian Minister of Agriculture Aleksandr Nikolayevich Tkachov

Vice President of UAE Chambers of Commerce Abdulla Sultan Al Owais, Uganda’s Foreign Affairs Minister Okello Oryem and his Agriculture and Trade counterpart Ssmpijja

Others were Ethiopia’s Trade Minister Bekele Bulado Nigeria’s Agriculture Minister and Morocco’s Foreign Affairs Minister.

The host was UAE Minister of State- Future Food Security, Mariam bint Mohamed Almheiri who thanked governor Mike Sonko for his attendance and also emphasized on good bilateral relations.

“Thank you your excellence governor Mike Sonko for attending and opening this forum. As a pattern of consumption and production continue to evolve, global agricultural trade is expected to continue to increase over the next decade. The objective is now to ensure the expansion of agricultural trade actually works for the elimination of hunger, food insecurity and malnutrition globally,” Mariam said.

the-star.co.ke

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