A Summary of Key Investment Opportunities in Kenya THE NATIONAL TREASURY AND PLANNING STATE DEPARTMENT FOR PLANNING P.O.BOX 30005-00100 NAIROBI, KENYA TEL: +254-20-252299 Email:
[email protected] Website: www.planning.go.ke ©Government of the Republic of Kenya, October 2020 FOREWORD The Third Medium Term Plan 2018-2022 of Kenya Vision 2030 outlines policies, programmes and projects as well as legal and institutional reforms to be implemented during the period. It incorporates the “Big Four” agenda and programmes and projects aimed at achieving the Africa Agenda 2063 and the Sustainable Development Goals (SDGs). The programmes and projects in the MTP III provide various investment opportunities for both local and foreign investors. Increased trade and investment opportunities in the country will be critical towards implementation of the government’s “Big Four” agenda. This will play a major role in addressing the underlying challenges such as unemployment, poverty and lack of income-generating opportunities especially among youth and women. We believe that the private sector and Development Partners, in collaboration with the Government and the Kenyan people, will be key in achieving the country’s transformative agenda. The Government has put in place several key legislations to support investment as well as strengthen local capacities toward realization of inclusive growth. The Public Private Partnership Act, 2013 provides for an institutional framework for implementation of public-private agreements. In addition, the Special Economic Zones Act, 2015 provides framework for promoting industrial development in the country. More importantly, the 47 county governments have put in place legislations to promote investment in all sectors at county level.