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African Peer Review Report on Kenya

TODAY:  Tue, Jun 26, 2007   10:50pm EAT

Vice president Moody Awori urges investors to market the country

Written By:VPPS   , Posted: Sat, Jun 23, 2007

Vice President Moody Awori has urged investors to help market the country as an ideal investment destination and promote its image abroad.

Awori says the government will continue creating a conducive environment to supports business ventures in the country.

He made the remarks at Upper Hill in Nairobi where the Coca-Cola Company launched a groundbreaking ceremony for the construction of its multi-million shilling headquarters.

Coca-Cola East and Central Africa Region President, Nathan Kalumbu said the soft drink manufacturer would spend 700 million shillings to put up the ultra modern office complex to cater for its regional operations.

He disclosed that the company paid taxes amounting to three billion shillings to the government last year, adding that the high tax remittances demonstrated the company's confidence in Kenya's economy.

Kalumbu said the company was proud to be the government's key partner, noting that the proposed headquarters was a demonstration of its commitment to the country's economic development.

The building will be completed in July 2008.

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