Kenya-Malaysia bilateral ties poised to deepen, says High Commissioner

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KUALA LUMPUR: Kenya-Malaysia bilateral ties are poised to deepen and widen as both countries are pursuing a reinvigorated engagement on a number of areas of cooperation aimed at strengthening relations, said Kenya's High Commissioner to Malaysia Francis Ndegwa Muhoro.

Muhoro said in sub-Saharan Africa, Kenya is a key market for Malaysia while pointing out that there is significant potential for the two countries to expand bilateral trade and investments.

Speaking on bilateral trade between Kenya and Malaysia, the High Commissioner said the growth was very positive as it increased by 81 per cent in 2021. In 2021, Kenya's exports to Malaysia amounted to Ksh. 2,026,144,634 while imports amounted to Ksh.10,333,864,165. Replying to a questions on what new areas of cooperation both countries could explore further, Muhoro pointed out that Kenya and Malaysia have high potential to enhance cooperation in Information and Communications Technology , renewable energy, blue economy and environmental protection.

Kenya has a designated agency - Kenya Investment Authority tasked with the responsibility of answering all investment related queries including facilitation of incorporating a company in that country.

 

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