05/02/2004
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Presented by Julius Kip’ngetich, Executive Director, and Investment Promotion Centre.
Mr. Kip’ngetich did present a wonderful background and current status with regard to Kenya’s position in the world in terms of competitiveness as an investment choice. While the presentation is heavily focused on investment cum economic data, it covers clearly various factors that are hindering Kenya’s ability to attract investment and highlighted key ICT factors such as high costs of telecommunications that contributed to adversely to costs of doing business. In particular he noted the costs of making international telephone calls from Kenya or to Kenya are exorbitantly high as compared to other countries that investors might be potentially looking at.
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