Stakeholders in water and electricity sectors from Kenya and other countries are meeting in Nairobi to showcase latest technology and seek prospects available in the two fields.
About 4,000 delegates are expected at the three-day event which according to the Water and Irrigation Cabinet secretary Eugene Wamalwa will offer prospects for partnerships from the private sector and investors.
Mr Wamalwa said that “the current demand for water and electricity in Kenya is high due to the growing population and the increased urbanization. There are huge opportunities for those seeking to invest in these two utilities in both generation and supply and you are all welcome to explore them. The government alone cannot meet these needs and we need partnership with the private sector and investors as well,” Daily Nation wrote.
Opportunity in Water Sector
According to Wamalwa, the government is not able to meet the water demand which adds up to about Sh1.5 trillion in order to fulfill water demands for all by 2030 as stated in the Sustainable Development Goals.
Egyptian investors, who made up a majority of delegation noted that there was need for a direct shipping route from Alexandria to Mombasa. This they said will help strengthen the relationship between the two countries.
Led by the Country’s Ambassador to Kenya Mahmoud Ali Dalaat, the delegation regretted that trading goods with Kenya was expensive as goods have to be shipped to Singapore or Emirates first. They noted that Kenya and Egypt trade goods worth USD 500 million adding that a direct route would see the volumes doubling in three years.
The Expo which will conclude on Thursday is expected to bring in several partnerships in water treatment, electricity as well as clean energy.
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