Orengo Woos Chinese Investment in Siaya at the China-Africa Economic Trade Expo

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GOVERNOR James Aggrey Bob Orengo has used the platform for China-Africa Economic Trade Expo to urge Chinese investors to take advantage of Siaya’s business-friendly environment and other incentives provided by his administration to invest in new frontiers and expand their businesses in the region.

Governor Orengo asked Chinese investors whom he interacted with at the Expo, to consider driving Siaya’s economic growth and sustainability.

“These initiatives encompass streamlining bureaucracy, implementing business-friendly policies, ensuring the availability of raw materials and energy, and fostering the development of the skilled workforce necessary for these enterprises.

The blue economy, especially agriculture rice production are part of investment ventures that would transform Siaya into a hub of economy.

“I urge investors to take advantage of the business-friendly environment and other incentives provided by our administration to invest in new frontiers and expand their businesses in Siaya,” said Orengo.

Orengo who was accompanied by Tourism Executive Anjeline Oduor and Trade Executive Anjeline Agola said that they are keen to have Chinese investors enter into the agricultural sector because they will enable Siaya to achieve food security.

“We are attending this trade expo held on Chinese territory as a strategy to sell our county’s existing opportunities and look at comparative advantage of investing in Siaya.
We are going to befriend the Chinese investors and see to it that we unlock siaya’s potentiality. We have established that omena forms part of delicacy in China and we shall support initiatives that would see it packaged and imported to China,” said Orengo.

Orengo said that the agricultural sector is the crux of Siaya’s CIDP and proper investment towards it would not only boost food security but also transform Siaya into a hub of the national economy.

“We are trying to make agriculture as anchor, foundation of our transformation and China having made great stride in resolving its food deficit it will be a great pleasure for them to put up their investments in Kenya,” said Orengo.

The Trade Expo comes only a month to Kisumu Investment Conference scheduled for June 2024.

Trade, a key pillar of Beyond infrastructure development has equally blossomed. Since last year, Kenya has become the first African Country to export fresh avocados to China. In May 2023, export commodity to China hit 64.38 million US dollars bringing numerous benefits to thousands of the smaller famers.

Today 21 African Countries enjoy zero-tariff treatment for 98 per cent of their exports to China. Kenya must take advantage of China’s decision to increasingly open up its market for African products.