Ruto said the government will provide a favorable environment for all investors
In Summary
- Ruto during the official opening of a Sh3.5 billion AAR hospital in Kiambu.
- He also stated that his administration will provide the necessary incentives and facilitative policy framework to attract service providers from the private and faith based sectors.
Image: PCS
President William Ruto has assured all potential investors in the country of a favourable political environment as they venture into their businesses.
Ruto said his government will ensure there is a highly attractive investment space so that their ventures remain competitive, productive, efficient and profitable.
“I want to assure all investors already on the ground and those whom we shall welcome in the coming days that Kenya is a safe, secure, stable and democratic state anchored on the rule of law with a well-developed legal system guaranteeing the security of property rights and committed to a free market economy,” Ruto said.
Speaking on Wednesday during the official opening of an Sh3.5 billion AAR hospital in Kiambu, the Head of State said such an environment is also important for building public-private partnerships.
“It is critical that all our partners understand that Kenya is a free market economy that is democratic and that nobody is going to take advantage of their investment,” he said.
He stated that his administration will provide the necessary incentives and facilitative policy framework that can help attract service providers from the private and faith-based sectors.
The 140-bed state-of-the-art facility which began its operations in 2021 was constructed through the support of various partners which include the World Bank Group, International Finance Corporation, International Fund for Health in Africa and Swedfund.
It has four operating theatres and boasts a 12-bed Intensive Care Unit (ICU).
It also has a nine-bed High Dependency Unit (HDU) and a modern neonatal ICU.
The facility is managed through Hospital Holdings Investment (HHI).
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