President William Ruto is dangling a series of incentives for Chinese investors, including tax holidays, ease of repatriating profits, skilled workforce and easier immigration rules.
At a meeting with the Chinese business community in Beijing on Tuesday, the President said Kenya’s membership in African regional economic blocs, trade agreements such as the African Growth Opportunity Act (Agoa) with the US, and the Economic Partnership Agreement with the European Union could help Chinese exporters reach these markets with privileges similar to Kenyans.
