27 August 2014

Kenya: Investors Urged to Bet On Kwale

LEADERS from Kwale county have assured investors of their security.

Governor Salim Mvurya, Senator Juma Boy, MP Zainab Chidzuga and county assembly speaker Sammy Ruwa said they will work will ensure investor-friendly environment in local towns.

Mvurya said the county has a huge potential in tourism, culture, agriculture, housing and mining and will prioritise security as a way of attracting investors.

"We have a national reserve, which it is the only home of sable antelopes in the entire Africa. There are various minerals including coal, agro-processing, which includes fruits, culture and water sector," he said.

Mvurya said the county will not levy taxes on investments.

"We have to tap the opportunity provided by devolution to improve our economy," he said.

They were speaking during the official opening of Destination Kwale Investment Forum at the Leisure Lodge Resort in Kwale yesterday.

The function was attended by Deputy President William Ruto.

Boy and Chidzuga said they will provide the political support needed for investment.

Ruto said the government has put in place measures to boost investor confidence.

He said the country faces security challenges, which are global, especially, terrorism.

"Last year we bought 1,200 vehicles for police and a similar amount will be bought this year. Communication gadgets for security agents will be purchased also. We have also recruited 10,000 police officers. We are improving the terms of services for our security people," Ruto said.


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