South Korea has agreed yo support Kenya's development programmes by committing 120 billion shillings (US 1billion dollars)
The funds will be used in Agriculture, ICT ,Health, Energy, Infrastructure, Education, Affordable Housing and Urban Transport. 
President William Rutto and his South Korean counterpart Yoon Suk Yeol witnessed the signing of the agreement at Yongsan Presidential Office Soul, South Korea.
President Ruto said the agreement will stimulate economic development through manufacturing, agro-processing and value addition. The deal includes the Special Economic Zones (SEZs) in Dongo Kundu , Lamu, Naivasha , Athi River , sagana and the construction of dams
Kenya will also work with South Korea to develop manufacturing plants in the Konza Technopolis, an export promotion zone dedicated to pharmaceutical manufacturing, vaccine production and value addition in Agriculture. "We are committed to implementing strategies to increase farm productivity and seek your government's support for Agricultural mechanisation as well as cooperation in research and technological innovation," he added.
The two heads of state also agreed to partner on green energy , security and development of the Nairobi Intelligence Transport System and Bus Rapid Transit Network to decongest the city. President Yeol said the government of South Korea will help Kenya to manage the effects of drought. 
Content created and supplied by: Brian (via Opera
News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform
See More
COMMENTS