U.S. Ambassador to Kenya Robert F. Godec joined Cabinet Secretary of Foreign Affairs and International Trade Amina Mohamed, Governor of Kiambu County William Kabogo and Tatu City leaders and investors on July 11, for a groundbreaking ceremony of the Kijani Ridge Housing Complex.
Tatu City is one of Kenya’s largest residential development projects and has the potential to create thousands of new jobs. The principal shareholder is Rendeavour, Africa’s largest urban developer.
“We hope that Tatu City will serve as a model for other U.S. investors to come to Kenya and see the opportunities that exist to explore new business and investment prospects that are growing every day”, said Ambassador Godec.
Read Ambassador Godec’s entire remarks below:
Remarks by U.S. Ambassador Robert F. Godec (Saturday, July 11, 2015)
-As Prepared –
Amina Mohamed, Cabinet Secretary, Foreign Affairs and International Trade;
William Kabogo, Governor of Kiambu; Tatu City leaders and investors; Ladies and Gentlemen:
Hamjambo! Habari zenu?
Tatu City represents one of Kenya’s most ambitious and largest residential development projects,
with the potential to create thousands of jobs and support new businesses operating in this area north of Nairobi.
We congratulate the Tatu City team for their hard work and dedication to make this groundbreaking of the Kigani Ridge complex a reality, especially considering that it is within the timeline given for completion of the project.
I am proud to say that Tatu City has the backing of American investors, including the principal shareholders of Rendeavour, Africa’s largest urban developer, which has invested over KSh 10 billion in this project. We hope that Tatu City will serve as a model for other U.S. investors to come to Kenya and see the opportunities that exist to explore new business and investment prospects that are growing every day.
Last month, the U.S. Congress approved extension of AGOA – the Africa Growth and Opportunity Act– by 10 years, safeguarding nearly 40,000 jobs in Kenya and providing a lifeline to investments worth billions of shillings in Kenya. We hope that those firms establishing themselves in Tatu City
will take advantage of AGOA and increase U.S.-Kenyan trade for years to come.
Congratulations again. We look forward to seeing more businesses, more American businesses,
operating out of Tatu City to help revitalize the Kenyan economy and the U.S.-Kenyan
trade and investment partnership. Thank you. Asanteni sana.