According to Star on April 24th, President Ruto personally witnessed the signing ceremony of an investment agreement worth nearly $1 billion, which includes leasing Hilton and InterContinental hotels to Chinese investors. The documents submitted to the National Assembly reveal that the private sector has failed to find any buyers willing to pay the government's minimum price set for these two increasingly poor high-end hotels. A top Chinese hotel investor with extensive experience in hotel operations has agreed to lease these two hotels. In addition, President Ruto and his team successfully convinced another Chinese investor, Shandong Jialejia Agricultural and Animal Husbandry Technology Company, to invest $30 million (approximately 3.8 billion shillings) to establish a chicken farm. The company plans to start operating with 500 million laying hens and export them to China. They also plan to raise 10000 breeding chickens and establish a feed mill, which is expected to create over 500 job opportunities for the Kenyan people. Another Chinese company, Chongqing Shangcheng Apparel Group, plans to build a leased warehouse and establish textile, clothing, and solar manufacturing factories in Machakos, with a total investment of 20 million US dollars (approximately 2.6 billion shillings). This plan is expected to create 7000 job opportunities for the Kenyan people.
