Speaking at the Kenya Japan Business Forum during her visit to Japan, CS Miano highlighted Kenya’s robust democracy and pro-business policies, emphasizing the safety and security of Japanese investments in the East African nation.
Miano is part of the delegation accompanying President William Ruto who is on a State visit to Japan.
The Trade CS outlined Kenya’s favorable investment climate, citing constitutional protection of property rights, allowing for 100% repatriation of profits and interests.
“With a burgeoning logistics infrastructure comprising ports and airports, Kenya stands as a strategic gateway for Japanese businesses looking to expand their presence in Africa,” said Miano.
CS Miano encouraged Japanese companies to capitalize on Kenya’s pro-business environment and favorable global rankings by establishing a stronger foothold in key sectors such as manufacturing, energy, health, agriculture, and ICT.
“Kenya is renowned for a vibrant democracy in Africa and for our purposes today Kenya has very strong relations with Japan that support investment and business,” said the CS.
She added: “Kenya is the leader in green transition. We have a strong green agenda. 93% of electricity produced in Kenya is green and during the COP28 Kenya launched the Africa green industrialization initiative as a champion and therein lies a lot of green opportunities.”
She stressed the importance of fostering increased business-to-business (B2B) deals and facilitating trade balance through enhanced exports to Japan.
Kenya has extended a hand in offering a diverse range of export opportunities to Japan, including agricultural and horticultural products, textiles, apparels, and leather goods.
Simultaneously, the country has presented attractive investment prospects in manufacturing, health, agriculture, digital and creative economy, affordable housing, and green economy sectors to Japanese investors.
The bilateral discussions further emphasized the mutual benefits of collaboration between Kenyan and Japanese businesses, with a focus on driving innovation, promoting sustainable development, and fostering private-sector partnerships
