President William Ruto has announced fresh investment commitments from Japan’s Marubeni Corporation following a meeting with the company’s leadership at State House Nairobi.
The Head of State said the move aligns with the government’s wider plan to strengthen manufacturing, expand industrial capacity, and grow Kenya’s export base.
The meeting brought together President Ruto and Marubeni Corporation Chairman Masumi Kakinoki. Marubeni, one of Japan’s largest conglomerates, has operated in Kenya since 1961 and has interests in energy, infrastructure, and trade.
The company is now set to venture into e-mobility, pharmaceuticals, cybersecurity, and e-commerce.
In a statement issued on X, President Ruto said the government remains focused on accelerating Kenya’s path toward high-income status by scaling up industrial production and attracting strategic investors.
He noted that increased local manufacturing and export-oriented industries are central to the administration’s economic transformation agenda.
Marubeni’s plan to diversify its operations in Kenya comes at a time when the government is seeking new partnerships to boost job creation and support emerging sectors.
The company has previously collaborated with public agencies on power infrastructure and technology projects, making it a long-standing player in Kenya’s economic development.
According to the President, the latest commitment demonstrates confidence in Kenya’s investment environment.
He said the country’s stability, skilled workforce, and expanding digital infrastructure continue to position it as a preferred destination for global capital.
While specific timelines and investment figures were not disclosed, officials indicated that discussions will continue in the coming months to outline detailed project plans.
The proposed e-mobility and pharmaceutical ventures are expected to support ongoing government efforts to reduce transport emissions and strengthen medical supply chains.
Marubeni’s expansion adds to a growing list of foreign firms exploring opportunities in Kenya’s technology, manufacturing, and clean energy sectors.
Government data shows increasing interest from Asian and European companies seeking regional footholds through Nairobi.
Further updates on the planned projects are expected once feasibility assessments and regulatory engagements progress.