Kenya hopes for Chinese private sector's participation in 'Big Four' projects

Updated 2018-03-30 13:41:01 Xinhua

A Chinese technician works with Kenyan staff members at the Lamu port project, Kenya, on May 10, 2017. The first three berths of the Lamu port project, constructed by China Communications Construction Company (CCCC), is located in Manda Bay, northeastern part of Kenya. (Xinhua/Pan Siwei)

The Kenyan government expects Chinese private sector to participate in projects dealing with food security, affordable housing, manufacturing and affordable healthcare, says Henry Rotich, the country's cabinet secretary for The National Treasury to Xinhua on Wednesday.

Rotich said Kenya will sell its economic agenda dubbed the Big Four during the Forum on China-Africa Cooperation (FOCAC) Summit to be held in September 2018.

"The agenda for Kenya during the FOCAC will be the Big Four. We want Chinese private sector to participate in projects associated with this agenda," Rotich told Xinhua in Nairobi.

The Big Four agenda is a set of four targets by Kenyatta meant to be implemented in the next five years in order to grow the economy, create more jobs and improve the living standards of the county, the cabinet secretary said.

"There are huge opportunities for Chinese investors in the Big Four. As much as we partner with the Chinese government, we want to encourage more of the Chinese private sector to invest in Kenya. That is why we have continued with reforms to make it easier for investors to set up their facilities here," said Rotich.

FOCAC Summit will be held in September in China. FOCAC was initiated in the year 2000 as a structured cooperation mechanism between China and all African countries which have diplomatic ties with the country.

Kenya's agenda during the previous FOCAC summits has been on cooperating with China on infrastructure development and even under the Big Four, that component will be given the priority, the Kenyan official said.

"Infrastructure remains an enabler and is crucial to the realization of the Big Four," said Rotich.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58November 15 2018 16:31:04

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16November 15 2018 16:31:04

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18November 15 2018 16:31:04

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords