Mobilizing Private Sector Investments in Kenya’s Infrastructure Sector

The Africa Infrastructure Development Association (“AfIDA” or “the Association”) in collaboration with KenInvest are organizing the Kenya Investment Roundtable. The Roundtable will offer a unique platform for dialogue on development and investment opportunities in the transport, energy
and industrial infrastructure sectors in Kenya and address the barriers to entry for investors . The Roundtable, presents a unique opportunity to raise awareness on new opportunities for fast-tracking the development of projects in Kenya. The Roundtable will contribute to enhancing Africa’s attractiveness for Foreign Direct Investment, as well as to foster regional cross-border investments.

Presentations during the Roundable will open discussions that will cover more specific topics such as:
1. How can a government facilitate the development of private sector projects in the region?
2. What role could PPP’s play in such projects?
3. What sort of projects – generation/ transmission/distribution.
4. Allocation of risk between private and public sectors.
5. Options and way ahead.
6. Identify the current investable projects in the transport,energy and industrial infrastructure sectors.
7. Identify the challenges faced by Kenya’s public sector when attracting private funding and identifying a collaborative way forward.
8. Identify and address the barriers to entry for investors in Kenya and forge the way forward.

WHY YOU SHOULD PARTICIPATE – KENYA’S POTENTIAL

Kenya has been experiencing steady growth for quite some time now. This momentum is being fueled by massive investments in infrastructure and jobs, steps to improve the business climate, and a boost in exports. The East African country’s expansive fiscal policy has allowed them to finance infrastructure projects without exerting unnecessary pressure on domestic financial markets, and consequently keeping public debt within the 50 percent threshold. Kenya is currently undertaking massive infrastructural projects, and the government has identified the areas where investment is
needed. Some of the major projects include the; Redevelopment of the Northern Corridor; Development of a commuter railways system around Nairobi; Building of a standard gauge line to replace the current Kenya-Uganda railway; Design and Construction of a new terminal at Jomo Kenyatta International Airport; Development of a new corridor from Lamu to South Sudan and Ethiopia (LAPPSET). The success of projects like Lake Turkana has generated an increasing share of power generated from green and more cost effective sources, with a target to increase electricity generation capacity by 5,000MW from the current 1,644MW to 6,700 MW in 40 months.

WHY THE GOVERNMENT OF KENYA SHOULD PARTICIPATE

Kenya envisages a massive upgrading and extension of the country’s infrastructure. The Kenyan government is actively seeking bids to improve and expand infrastructure networks, domestically and across East Africa to improve trade flows in the region. Infrastructure development projects are expected to open up significant trade opportunities within East and Central Africa and will open up a new corridor for increased trade opportunities with Kenya’s northern neighbors of South Sudan and Ethiopia. Kenya’s Ministry of Transport, Infrastructure, Housing and Urban Development, and the Ministry of Energy in are strategically positioned to attract and retain private sector investment and through this Roundtable, will engage multinational development stakeholders currently invested and those looking to invest in Kenya. This discourse will also facilitate dialogue on regulatory challenges and propose approaches to address the current bottlenecks.

For more information please contact Ms. Mercy Chemoiwo, Email: mercy@investmentkenya.com or Tel: +254 721 631125.