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Kenya, Ethiopia for joint
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ADDIS
ABEBA(November 24, 2009) - Contractors in Kenya and
Ethiopia should be on the look out for investment opportunities as
Kenya and Ethiopia are planning to jointly implement infrastructure
projects that are critical to the development of both countries.
Speaking during a bilateral meeting in Addis Ababa ahead of the African
Summit of the Group of Ten on Climate Change, President Mwai Kibaki
and Ethiopian Prime Minister Meles Zenawi expressed the need to facilitate
the implementation of joint projects that will improve the lives of
the people of Kenya and Ethiopia.
President Kibaki said plans were in advanced stages to put up a port
in Lamu which would be used by neighbouring countries, including Ethiopia
as an outlet to the rest of the World. The Lamu Port project will
be part of the second transport corridor project that includes construction
of a railway line and tarmac road to Moyale.
Premier Zenawi said his government was planning to construct a railway
line from Addis Ababa to Moyale to boost trade between the two countries.
The two leaders also discussed the need for the two countries to maintain
peace along the common border by containing cattle rustling and the
influx of small arms and light weapons.
President Kibaki and Prime Minister Zenawi also reaffirmed their commitment
to strengthen Inter Governmental Authority on Draught (IGAD) to promote
security and economic development in the region.
They also expressed their support for the Transitional Federal Government
of Somalia in its endeavour to address the challenges it is facing
in restoring peace in the Horn of Africa country.
The Kenya delegation at the bilateral talks included ministers Moses
Wetang'ula, John Michuki, Yusuf Haji and Dr Noah Wekesa and Assistant
Minister Orwa Ojode.
President Kibaki also held talks with a Saudi investor Sheikh Mohammed
Hussein Al-Amoudi in Addis Ababa.
He reiterated his government's determination to create and maintain
a conducive environment that would attract both local and foreign
investment to spur economic growth and create jobs.
Al-Amoudi expressed interest in investing in Kenya's infrastructure
development, livestock sector, conference and tourism.
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