Wednesday, August 31, 2011

They Are Talking About Kenya


They are talking about Kenya. Print E-mail
Kenya and the East African region offer excellent investment opportunities in a wide range of sectors. GM has operated effectively in the region for over 27 years in an industry that has been totally transformed through liberalization and changes in consumer behavior. The basis for our sustained success is a combination of factors in Kenya: an educated work force, a moderate climate, and recent improvements in banking and telecommunication. The formation of the East African Community in January 2005 provides even greater opportunities for those considering Kenya to invest in. Come to Kenya and invest in the future of Africa!

Bill Lay, Chief Executive Officer, General Motors East Africa

Kenya has immense potential in the areas of horticulture, floriculture and tourism. With improved enforcement of law and order, and good governance, more investment in these sectors could be attracted very quickly. These are labour-intensive sectors and investors will find the workforce they are looking for in Kenya. Vitacress for its part is planning for growth.

Willem Dólleman, Managing Director, Vitacress Kenya Ltd.

When I was first asked to come to Kenya in 1994, my picture of Kenya (like that of most outsiders) was of a misgoverned country with limited resources. The reality on the ground turned out to be very different: a community of people with amazing resources and a real passion to go forward and develop themselves. Yes, there were and still are problems in Kenya, but if one comes here with a positive attitude and focuses on niche markets, the underlying talents of the people can transform any idea into a solid opportunity.

Stewart Laird Henderson Chief Executive Officer, Old Mutual Kenya

Tourism has long been an important industry in Kenya and has successfully capitalized on the country’s assets – not only the natural ones like the beaches, the wildlife and the weather, but also the great human asset of an excellent workforce. However, much potential still remains for investors to exploit. For example, neither Lake Victoria nor the Rift Valley has received anything like the attention it deserves. The Serena group has a very positive view of its own future and would be delighted to see more investors join us.

Mahmud Jan Mohamed, Managing Director, Serena Hotels (East Africa)

Nestlé has had a manufacturing presence in Kenya for the past 40 years. Nairobi’s location and the quality of the workforce have been big assets for us. With further improvements in governance and the full realization of the benefits of the COMESA and EAC regional arrangements, we believe that Kenya could offer many new opportunities for investors, both foreign and local. Agriculture and infrastructure are two very promising areas.

Dominique Peterhans, Managing Director, Nestlé Foods Kenya Ltd

http://investmentkenya.com/index.php?option=com_content&task=view&id=130&Itemid=169

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