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Uhuru assures investors on government tenders

28 January 2014, 16:54 Victor Tinto

Nairobi - President Uhuru Kenyatta has assured investors that government deals are and will be handled with professionalism and the highest standard possible.

The president has assured those investing their money through the government or government agencies that the procedures followed are correct.

There has been a vicious storm over the awarding of government tenders by the Jubilee government with many arguing over their  suitability.

The KES 1 trillion standard gauge railway tender comes to mind as one that has been highly talked about but the president promised that the government is following all necessary procedures to ensure tenders are water tight.

" I want to assure Kenyans and all investors, present and those looking to invest in the country that the government is commited to ensuring transparency in the handling and procurement of tenders, he said.

He was speaking after meeting the CEO of General Electric Jeffrey R. Immelt at State House, Nairobi, where he also urged American companies to follow China in setting up a system of locating, helping and facilitating companies investing in overseas tenders.

General Electric will set up a 1000 megawatt power plant in Kinangop which will utilize wind energy in the coming months as Kenya diversifies its power generation options.

- News24

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