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CS Mucheru assures foreign investors of friendly policies and security

The government has put in place investor friendly policies and regulatory frameworks to facilitate local and foreign investments in the country.

The Cabinet Secretary for Information Communications and Technology (ICT) Mr Joe Mucheru said the government was also committed to enhancing security for the safety and protection of lives and property of foreign investors as an incentive to attract entrepreneurs to set up businesses that will generate employment.

Addressing a delegation from the StarTimes Company at his Teleposta Towers offices today, Mr Mucheru said, the government was harmonising taxation and labour laws to remove trade barriers and make Kenya a destination with ease of doing business.

He said the government, through the Kenya Broadcasting Corporation (KBC) was ready to partner with the Company to build an ultra-modern broadcast centre with state-of-the art studios. “The centre will have a media training and content development centre to nurture talent in the country and the continent at large,” he said.

The Cabinet Secretary said Kenya and Chinese governments planned to partner in efficient utilisation of the TV white spaces and digitisation of villages in the 290 constituencies in the country as part of efforts to create an information society.

Star Times President Pang Xinxing said his Company has acquired land in Nairobi to build the Company’s Africa headquarters.

Mr Xinxing said Kenya was chosen as a location because of its regional and global influence, its strategic location, and infrastructural developments. He called on the government support to support their move by facilitating the ease of processing of relevant documents for developments and personnel deployed to work on their projects. (By Cheruiyot Korir)

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