Chinese Investors in Kenya have expressed fears following remarks made by Cabinet Secretary for Trade Moses Kuria over China Square.
Kuria is believed to have played a role in the indefinite closure of China Square following an uproar from a section of traders in Nairobi.
In a statement, the Kenya China Chamber of Commerce noted they are concerned with CS remarks and they feel that Kuria is inciting the country against the Chinese community.
KCCC singled out the remark made by Kuria urging Kenyatta University Vice Chancellor Paul Wanaina to buy out the lease and sell to local traders.
Based on that, KCC said it was wrong for him to make such a pronouncement without consultations with key stakeholders.
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“We feel discriminated against and don’t sit well with the remarks of the Cabinet Secretary for Investments, Trade and Industry to Kenyatta University Vice Chancellor to buy out the lease for China Square at the Unicity Mall," KCCC said.
"This was uttered without any further consultations from all parties involved and not considering the repercussions of such statements which are contrary to Kenya’s investment promotion and protection regime that has always been equitable, non-arbitrary, and non-discriminatory."
KCC went on to express commitment to doing business in Kenya noting that all they are asking for is a healthy environment.
The group of investors said they are also interested in lowering the cost of living by ensuring that they create employment and pay taxes even as they carry out their business activities in Kenya.
“We are therefore requesting the Government of Kenya for a healthy environment to enable us to do business and trade in peace and contribute to Kenya’s growth and development through employment creation and contribution to Kenya’s tax revenue.
"The Chinese Nationals are open to working and collaborating with Kenyan traders to lower the cost of living for Kenyans. Our goal is not to compete but rather, to develop our economies,” the statement read in part.