President Ruto’s foreign trips have earned the country Sh2tn in investment opportunities – Mwaura

President Ruto’s foreign trips have earned the country Sh2tn in investment opportunities – Mwaura
President William Ruto assents to the Finance Bill 2023 at State House, Nairobi on June 26, 2023.

NAIROBI, Kenya, Nov 15 – The government now says President William Ruto’s foreign trips have earned the country Sh2 trillion in investment opportunities and grants.

Speaking during a press conference on Wednesday, government spokesman Isaac Mwaura stated that this was as a result of the various international deals President Ruto has signed since assuming office in September last year.

He pointed out the investments Kenya has received from countries like the United Kingdom, the United States and China.

“If you have Ksh.900 billion investment in our country, it is going to be a game-changer. The biggest project they have is the railway city here in Nairobi that is going to revolutionize our urban transport system,” he stated.

“If you have Ksh.900 billion investment in our country, it is going to be a game-changer. The biggest project they have is the railway city here in Nairobi that is going to revolutionise our urban transport system,” Mwaura said.

He enumerated the recent signing of a Sh8.7 billion agreement with the United States’ Millennium Change Corporation (MCC) to finance the acquisition of electric buses for Line 2 of Nairobi’s Bus Rapid Transit system.

The government spokesperson further stated that the President has signed MoUs in trade, ICT, energy, transport, education, labour and security, opening the country to business opportunities.

“If we have 350,000 Kenyans going abroad imagine the kind of money that is being sent home if we are currently getting about Sh750 billion from Kenyans abroad,” Mwaura said.

He also stated that Kenya has bagged $75 million in green investment to boost its climate action efforts, adding, that the President has also had talks with the Ukraine’s Volodymyr Zelensky to have a grain hub in Mombasa.

Other achievements Mwaura said are Kenya’s embassy in Senegal, the establishment of the Kenya-Djibouti Council and China’s recent cancelling of visa application appointments for Kenyans.

President Ruto has already made a number of trips abroad since assuming office, attracting criticism from the opposition and a section of Kenyans. 

But his team, including his deputy Rigathi Gachagua, has supported the trips, saying they are for the benefit of the country.