Kenya and France sign three bilateral agreements to strengthen economic relations

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Kenya and France sign three bilateral agreements to strengthen economic relations

Kenyan President Uhuru Kenyatta and French President Emmanuel Macron (left) during their meeting in Paris, France, September 30, 2020. PHOTO | PSCU

Résumé

  • Mr. Kenyatta arrived in Paris on Tuesday evening.
  • Among the agreements reached is a public-private partnership (PPP) for the construction of the Nairobi-Nakuru-Mau summit highway signed between KeNHA and Vinci Concessions.
  • The highway is one of the largest PPP projects in East Africa.

President Uhuru Kenyatta began his official visit to France on Wednesday evening at the Elysee Palace where he was received by his French counterpart Emmanuel Macron. The Elysée Palace is the official residence of the French President.

Mr Kenyatta inspected a guard of honor mounted by the French army at the start of an elaborate state reception ceremony.

Together with his host, they witnessed the signing of three bilateral agreements before leading their delegations to a state banquet held in honor of the visiting Kenyan leader.

Later, the two leaders had private talks.

Among the agreements reached is a public-private partnership (PPP) for the construction of the Nairobi-Nakuru-Mau summit highway signed between KeNHA and Vinci Concessions. The highway is one of the largest PPP projects in East Africa.

Others were agreements for the development of Nairobi’s central business district (CBD) to the Jomo Kenyatta International Airport (JKIA) commuter train line and the Menengai-Rongai 400 kV transmission line.

The Nairobi CBD commuter rail link to JKIA will help improve passenger flow between the city center and Kenya’s main international airport.

“Our aspiration is to see that this suburban railway line facilitates traffic in Nairobi but also facilitates the movement of people in Nairobi. We hope that along the road and the surrounding area, other businesses can develop, ”Kenya Ambassador to France, Prof Judy Wakhungu said.

The construction of the two-lane six-lane Nairobi-Nakuru-Mau summit road is expected to relieve congestion on the existing highway and improve the efficiency of freight transport to western Kenya and then to the export markets of Kenya. East and Central Africa.

“We hope that the extension of this highway that will last about 200 km, again, will make it easier to travel on this very, very important road. I don’t need to remind Kenyans that this is a major highway that connects Mombasa, Nairobi and all the way to Uganda, Rwanda and other parts of Central Africa, ”added the professor Wakhungu.

Opening speech

Mr. Kenyatta arrived in Paris on Tuesday evening.

He is expected on Thursday to deliver the opening speech of the BPI France Inno Generation 2020 business forum, the biggest international innovation and entrepreneurship craze in the European country which brings together hundreds of French companies to explore business opportunities. investment abroad.

Mr. Kenyatta will talk about investment opportunities in Africa and encourage French companies to invest in Kenya.

On Friday, he will chair the Kenya-France business forum organized by the French Business Confederation (Mouvement des entreprises de France (MEDEF)).

The meeting will bring together Kenyan and French investors to discuss investment opportunities and explore avenues to increase Kenyan exports to the lucrative French market.

Additional reports by PSCU

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