Why Invest in Kenya

Investing in Kenya's manufacturing sector offers a strategic entry point into a dynamic and growing market, supported by a stable economic environment, government commitment to industrialization, abundant resources, and a focus on sustainability. These factors collectively position Kenya as an attractive destination for investors seeking long-term success in the manufacturing industry.

Kenya is Strategically Located as a Regional Financial, Communication, and Transportation Hub; it has a well-developed Social and Physical Infrastructure and a fully liberalized economy. It has preferential market access within the region, European Union (EU), USA, and Asia that will generally create a market for locally produced goods for both local and international markets. The government emphasizes increasing Foreign Direct Investments by providing an environment that attracts investors which includes; financial incentives, friendly economic policies; commitment to lowering the cost of doing business, Raw materials and labor, improved technology, political stability (that is, political stability of the country and political stability of neighboring country).

Attraction through conducive Business Environment

Kenya has the strongest industrial base in the East Africa region and has been successful in attracting major exporters and investors, with many companies establishing local and regional operations to take advantage of Kenya's strategic location.
Attraction through Bankable investment products

Kenya is a land of unlimited possibilities and its strong growth prospects are supported by an emerging middle class and an increasing appetite for high-value good and services. Sectors to invest in Kenya include; Health care, Education, Energy, Financial Services, Communication, Technology and Agriculture
Investment attraction through aggressive marketing

The government has been marketing the country as a leading investment destination around the world by disseminating vital investment information about the country in order to entice prospective investors.

Macroeconomic Stability

Kenya is the third largest economy in Sub-Saharan Africa. Kenya's economy is projected to grow by 5.5 percent in 2023 and above 6.0 percent over the medium term. The Government's Bottom-Up Economic Transformation Agenda will reinforce this growth, which is geared toward an economic turnaround and inclusive growth. The economic stability will boost the investment climate in the country.

Infrastructural Development

Kenya has a well-developed physical infrastructural facility including, four international airports, an extensive road and railway network, a modern deep sea port at Mombasa and Lamu capable of handling liquid bulk and other containerized cargo, an expanding, liberalized energy sector, and digital telecommunication.

Science, Technology, And Innovation (STI)

Science, Technology, and Innovation (STI) is key in raising investment across all sectors. The following programmes have been implemented:

County Technology and Innovations Delivery Services
Coordination of the Technology, Innovation, and Commercialization
Science, Technology, Engineering, and Mathematics (STEM)
Energy Technologies
Nano-Sciences, Material Science, and New Production Technologies

Invest in our Export Processing Zones

The Export Processing Zone (EPZ) program is managed by the **Export Processing Zones Authority (EPZA)**. It was created to promote export-oriented industrial investment within designated zones.

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Invest in our Special Economic Zones

To enjoy the various incentives provided for **SEZ** investors under the respective laws. There are Public and Private SEZs already established where investors can invest in.

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Invest in Bankable Investment Opportunities under KenInvest.

The **Kenya Investment Authority** is a government agency under the State Department for Investment mandated to promote and facilitate investment in Kenya.

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Co-Invest with Kenya Development Corporation (KDC).

**Kenya Development Corporation Ltd** is a newly established Development Finance Institution that aims to support sustainable socio-economic development in Kenya and beyond.

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Housing and Settlement

The government is committed to ensuring the basic social and economic rights of the citizens are achieved through accessible and adequate housing, to reasonable standards of sanitation. The government will: Increase the supply of new housing to 250,000 per annum and the percentage of affordable housing supply from 2 percent to 50 percent.

Digital Superhighway and Creative Economy

Kenya has invested heavily in ICT infrastructure and services over the last two decades. This infrastructure includes six submarine fiber-optic cables offering broadband connectivity, 9000km of terrestrial fiber-optic cable connecting virtually all country headquarters, and geographical and population mobile broadband coverage of 56 percent of the 96 percent respectively.

Healthcare

The government is committed and determined to realize the constitutional right to healthcare by delivering a Universal Health Coverage (UHC) system as follows:
. Provide National Health Insurance Fund coverage for all Kenyans without exclusion in the policy of “Leaving No one Behind”;
. Employ and initiate payment for community health workers who shall form part of the Primary Health Care system;