NAIROBI (GPS) OCTOBER 7, 2021
The Nairobi County acting Governor Ann Kananu has urged foreign investors to come and invest in Kenya’s Capital City because of its unlimited available opportunities.
Speaking during an official visit at Hilton Midtown in New York, United States, Kananu said Nairobi offers unrivaled business opportunities for investors.
Nairobi is ranked among the Top 100 Global Financial Hubs, which makes it play in the same league as other world cities like New York, London and Hong Kong.
In the index released in September, Kenya’s Capital, which is the only city in the world with a game park, is ranked at position 98.
“We have great business opportunities in Nairobi and I urge all of you to visit our city. I welcome you to do your research on the available opportunities that Kenya has to offer,” said Kananu.
Meanwhile, Kananu has been praised for her selflessness in ensuring Nairobi’s economy grows.
Speaking in Mombasa during the Annual Development Plan (ADP) for the financial year 2022/2023, Nairobi acting County Secretary Jairus Musumba said Kananu is very keen on projects that will benefit Nairobi.
“As we discuss this document, let’s put it in mind that our boss is very keen in ensuring that whatever we do, we must put the interest of Nairobi residents first. That is why we have all assembled here,” said Musumba.
He emphasized that the County Annual Development Plan and County Fiscal Strategy Paper (CFSP) should be ready before the end of November to allow smooth finalization of the budget by March 2022.
“Analyze the document for the purpose of making it better and align it to service delivery and betterment of the lives of Nairobi residents. We expect the Executive to look at the ADP document and identify any gaps for the purpose of improving it,” he said.
Geoffrey Sianga, the County Director Economic Planning, said that the Executive has prepared well to ensure that there is mutual agreement on the ADP document.
He said they will engage the County Assembly in the coming days to ensure that the legislators pass a good document for the county.
Sianga said that ADP is a key step in the budgeting process.
“This is a very key process and we should all deploy our energy in it. We must work on it overzealously,” he said.