Ruto's State Visit: Key agreements signed between Kenya, India
The President discussed the establishment of India Exim Bank’s regional headquarters in Kenya with its Managing Director Harsha Bangari.
President William Ruto has said Kenya and India share historical ties dating back to the 18th Century and the two countries are keen on enhancing trade, investment, education, digital economy, healthcare, research and agriculture among other areas of cooperation for the benefit of its people.
The President, who is on a two-day State Visit to the Asian nation, discussed the establishment of India Exim Bank’s regional headquarters in Kenya with its Managing Director Harsha Bangari.
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Ruto observed that such investments are key to the country’s socio-economic growth.
President William Ruto with Subrahmanyam Jaishankar External Affairs Ministrer of India in New Delhi, India on December 4, 2023. (Photo: PCS)
“Kenya continues to attract international investors from all parts of the world as part of the Bottom-Up Transformation Agenda,” he said.
President Ruto also witnessed the signing of a memorandum of understanding between the Open University of Kenya and Indira Gandhi National Open University (IGNOU).
The MOU seeks to diversify Kenya’s programmes and enhance its technological infrastructure.
The President and Chief Executive Officer of Procorp Enertech Private Limited, Srinivasa Raju Gannavarapu, met and explored investment opportunities in the Lake Region Economic Bloc.
President William Ruto with Dr Srinivasa Raju Gannavarapu, CEO, of Procorp Enertech Private Limited with Governors James Orengo (Siaya), Stephen Sang (Nandi) and Hillary Barchok (Bomet) on December 4, 2023. (Photo: PCS)
In the presence of Governors James Orengo (Siaya), Stephen Sang (Nandi) and Hillary Barchok (Bomet), Procorp Enertech Private Limited committed to investing in transport infrastructure in the region to enhance connectivity and stimulate economic growth.
The Head of State also held talks with the Minister of External Affairs Subrahmanyam Jaishankar.
Ruto is also expected to address a trade and investment forum highlighting the immense potential for economic cooperation between India and Kenya.
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