Kenya's deputy prime minister, Uhuru Kenyatta has urged Spanish entrepreneurs to increase investment in Kenya.
He said Kenya has put a number of measures in place in order to stimulate investment in the country. He specifically mentioned the provision of a duty waiver on capital goods and Kenya's judicial and regulatory reforms.
According to the minister, Kenya's Investment Promotion Act of 2004 has made the country one of the region's most attractive investment destinations. The act has reduced investment procedures to a five-step process.
Kenyatta said that opportunities for trade between Spain and Kenya exist in products such as pyrethrum, coffee, fish and flowers.