Blog Post

08 Nov
By: root 1 0

KEPSA SIGNS TRIPARTITE MoU WITH KCETA AND BCCK

On 31st October 2019, KEPSA CEO, Ms. Carole Kariuki, signed a tripartite memorandum of understanding (MoU) between KEPSA, Kenya China Economic and Trade Association (KCETA) and British Chamber of Commerce Kenya (BCCK) at the Chinese Embassy in Kenya. The signing ceremony was witnessed by the KEPSA Chair, Mr. Nik Nesbitt.

The BCCK Chair, who is also a KEPSA Director, Mr. Graham Shaw, in his remarks noted that the British footprint in Kenya is big. He pointed out the sectors that the British are represented in Kenya include: manufacturing, tourism, financial services, education, security and agriculture. Mr. Shaw added that BCCK has previously worked well with the Chinese in advocacy.

In her remarks, Ms. Kariuki began by appreciating the strengthening partnership and cooperation between KEPSA and its partners; KCETA and BCCK. She added that KEPSA’s relationship with the Brits and Chinese  has played a key role in the organization of a number of key business forums and went on to list the forums including; Forum on Kenya-China Cooperation; Guangzhou & Foshan – Kenya Business Forum; China Trade Week EXPO; China (Guangdong)-Kenya Bilateral Economic & Trade Cooperation Conference; High-Level Dialogue Forum between Chinese & African Leaders and Business Communities; Kenya Shangdon Business Forum; China International Import EXPO; The first China-Africa (Chengdu) E-Commerce Industrial Development Forum and Cross-Border E-Commerce, International Trade and Industrial Investment Fair.

“KEPSA remains open to facilitate investment for UK and Chinese companies across the country by sharing the relevant investment information, facilitating linkages with relevant authorities and working together in Public-Private Dialogue to address crosscutting policy and business regulatory issues and in communicating to the public and businesses on the impact of investments,” Remarked Ms. Kariuki.

Chinese Ambassador to Kenya, Mr. Wu Peng, in his remarks, highlighted that about 40 years ago, their former leader Deng Xiaoping circled out a small fishing village on the map nearby Hong Kong to build Shenzhen Special Economic Zone (SEZ). However, the real site selection and further design were much more complicated, Mr. Xiaoping who is said to be ‘the chief architect of China’s modernization’, has been utilizing location, technology and funding resources for Shenzhen and gaining supports of various international and domestic partners. Mr. Peng added that the Chinese are excited to know about several SEZ or industrial parks currently underway to be built, such as Dongo Kundu SEZ, Eldoret African Economic Zone and Naivasha industrial park.

Also present at the event were H.E Ms. Jane Mariott – British High Commissioner to Kenya; Mr. Vincent Omuse – Senior Foreign Service Officer in the Ministry of Foreign Affairs, Kenya; Dr. Guo Ce – Economic and Commercial Minister Counsellor – Chinese Embassy; Mr. Jean Pascal – President French Chamber of Commerce Kenya; Mr. Li Changgui – KCETA Chair; Mr. Siddhart Chatterjee – UN Resident Coordinator, Kenya; and Mr. Martijn Boelen – Trade Advisor delegation of EU to Kenya.

Leave a Comment

Your email address will not be published. Required fields are marked *