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Kenya ready to host World Investment forum

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Kenya has confirmed its readiness to host the 2016 World Investment Forum alongside the three-day UNCTAD which takes place in Nairobi, July 2016.

According to Cabinet Secretary Industrialization Adan Mohamed, a multi-disciplinary team consisting of KenInvest, the Kenyan Investment Promotion Agency, the Kenya National Chamber of Commerce and Industry, as well as the Nairobi Securities Exchange and KEPSA, who are in the Kenya Private Sector, are working to ensure the success of the event.

Speaking in Geneva, at the World Investment Forum Briefing Session, he said the Kenyan team is working alongside other renowned international partners including the International Chamber of Commerce, the World Association of Investment Promotion Agencies, the IFC, World Bank Group and the Islamic Centre for Development of Trade.

“As an international meeting, hosted in conjunction with UNCTAD 14, the Forum presents an opportunity to ensure the largest possible participation of all stakeholders through the involvement of national and international partners in the organization of the event.

According to the Cabinet Secretary, the 2016 World Investment Forum will constitute ten high-profile events within its roster headlined by the Global Leaders Investment Summit on the first day, Monday .

An International Investment Agreements Conference and a High-Level Tripartite Conference on Investment Promotion on Sustainable Development Goals (SDG’s) scheduled for Tuesday, 19 July while Wednesday 20 July will host a high profile meeting on Sustainable Stock Exchange, Conference on Investment and Enterprise Development and a roundtable on Promoting Investment in Urban Development.

Further, he disclosed that the last day of the Forum will be a defining moment for the private sector investment in Kenya and the region, with a planned East African investment roundtable, a meeting on International Standards of Accounting and Reporting and a Private Sector Development and Gender dialogue, which will serve as an introduction to the annual Women in Business Award Ceremony.

“Kenya will be represented at the highest level during these events and we invite all international counterparts to reciprocate and also participate through top level representation, both from the public and private sector to ensure meaningful delivery on this key subject,” said Mohamed.

In addition, a series of prestigious side events will be organized, which include the 11th meeting of the Investment Advisory Council, a CEOs match-making breakfast and an Investment Village will be held throughout the UNCTAD 14 Conference.

The overall theme of UNCTAD 14, is Investing for Sustainable Development, and will discuss the financing challenges of the sustainable development agenda while exploring pathways to overcome them

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