The Kenyan Chamber of Commerce and Industry on Monday called for renewed trade ties with companies in the Middle East, saying there are opportunities to tap into Kenya's infant oil industry.
George Kiondo, acting chief executive officer at the Kenyan Chamber of Commerce, said at a Trade and Investment Conference in Nairobi that the trade body was keen on organizing proper working relationships between the respective trade associations to ensure business takes off.
The trade and investment meeting brought together companies from the United Arab Emirates and Saudi Arabia to promote business between East Africa and their middle East counterparts.
Moses Ikiara, Executive Director at Kenya's state-run Ken-Invest, said a single-stop shop for local and foreign investors has been set up in Kenya to ease the cost of entering the local Kenyan market by foreign firms.
Ikiara said the single-stop shop for investors was set up and operational. The single stop center was providing investors with support to open new businesses without the hassle of dashing from one government agency to another.
Editor:Cherie
