Rasi Investment Group participated within the delegation accompanying the Ministry of Investment with 30 Saudi companies in the Saudi-Kenyan Investment Forum, which is held in the State of Kenya, which aims to strengthen Kenyan-Saudi relations and increase trade and investment opportunities between the two countries.
The team, led by Saudi Investment Minister Khalid Al-Falih, is made up of executives in banking, construction, energy, mining, hospitality, agriculture and technology, among others.
“The visit comes after months of numerous high-level consultations between officials of the two countries, headed by Minister of Commerce and Investment Musa Correa and Khalid Al-Falih from Saudi Arabia,” the statement said.
The agreed commercial deals will be a major boost to the Kenyan economy and will lead to massive increases in foreign direct investment and business opportunities for both countries.
The delegation is expected to meet President William Ruto and other government officials, and a number of bilateral talks between governments, and businesses have also been lined up. They will also visit key project sites in Kenya.
“The companies have a proven track record in their industries, and the visit to Kenya will provide a platform for business partnerships and collaborations,” Kenya’s Ministry of Investment, Trade and Industry said in a statement.