Kenya is the gateway to eastern and Central Africa. lt is a regional hub for investment and commerce. Enormous business opportunities await investors. Investing in Kenya has
been made easier. The country has signed tax treaties and investment promotion and protection agreements. Exports from Kenya enjoy preferential access to world markets
under special duty reduction.
Factors that favour local and foreign investment are political stability, stable macro-economic policies, competitive incentives, guarantees to investors and preferential market
access. Others are a friendly tax system, developed human resource and good infrastructure.
Since the early 1990s, the Government has set up various schemes to encourage investment. They offer fiscal and infrastructural benefits to the business community. The Government continues to improve the investment environment. Some of the policy initiatives include liberalization of exchange controls to make them market-driven, removal of price controls, abolition of import licensing except for products that relate to national security, health
and environment.
Others are the opening up capital markets to foreign participation, generous investment and capital allowance, remission of duty and VAT manufacture under bond status, export processing zone