Foreign Investment Survey 2010
Kenya, 2010
Identification
KEN_2010_FIS_v01_M
Foreign Investment Survey 2010
| Name | Country code |
|---|---|
| Kenya | KEN |
Enterprise Survey [en/oth]
In Kenya, economic analysts have held the view that emerging markets and liberalization of economies prompted large inflows of private capital into the country. These flows have macroeconomic effects that demand urgent policy responses. With limited data on the level and composition of these flows, policy makers are constrained in making timely and appropriate policy responses. This data gap motivated the Kenya National Bureau of Statistics (KNBS) in partnership with other key stakeholders to carry out the survey on foreign investment in Kenya. A sample of 900 enterprises was taken out of an estimated population of 3,500 enterprises with foreign transactions/positions.
The specific objectives of the survey was to collect data necessary to improve the quality of Balance of Payments (BOP) statistics and initiate compilation of International Investment Position (IIP) statistics; collect data necessary for assessment of investors' perceptions of the investment climate in the country, with a view to identifying ways to improve it, and comply with international standards of compilation and reporting of BOP and IIP statistics.
The main analytical tool for Foreign Investment Survey was a questionnaire administered to companies with foreign assets and liabilities. Additional information was sought from banks and other financial institutions to collect data on foreign exchange transactions through the financial institutions. The survey was designed to capture data on foreign capital for the reference period 2007 and 2008 as well as investor perceptions on the business environment in Kenya.
The specific objectives of the survey, therefore, include:
a) To collect data necessary to improve the quality of BOP statistics and initiate compilation of IIP statistics.
b) To collect data necessary for assessment of investors' perceptions of the investment climate in the country, with a view to identifying ways to improve it.
c) To comply with international standards of compilation and reporting of BOP and IIP statistics.
Sample survey data [ssd]
Organization, institution
Version
Version 01
Scope
| Topic | Vocabulary |
|---|---|
| Financial Sector | World Bank |
| Private Sector and Trade | World Bank |
Coverage
National coverage
Producers and sponsors
| Name | Affiliation |
|---|---|
| Kenya National Bureau of Statistics | Ministry of State for Planning, National Development and Vision 2030 |
| Name |
|---|
| Central Bank of Kenya |
| Kenya Investment Authority |
| Ministry of Finance |
| Capital Markets Authority |
| Export Processing Zones Authority |
| International Monetary Fund |
| Macroeconomic and Financial Management Institute of Eastern and Southern Africa |
| Common Market for Eastern and Southern Africa |
| United Nations Conference on Trade and Development |
| Name | Role |
|---|---|
| Statistical Capacity Building Project | Financial Facilitation |
Sampling
Surveying of enterprises with FAL was a challenge mainly due to lack of a comprehensive enterprise register. In order to surmount this challenge, a list of enterprises with FAL (enterprise frame) was generated by harmonizing various lists. These lists include register of enterprises maintained by KNBS, tax records of Kenya Revenue Authority (based on size of turnover on the assumption that there is some correlation between turnover and the possibility of having foreign assets and liabilities, and Export Processing Zones Authority (EPZA) enterprises. More enterprises were obtained in consultation with Export Promotion Council (EPC), Kenya Investment Authority (KenInvest), Central Bank of Kenya, Commissioner of Insurance, some foreign embassies, the Nairobi Stock Exchange and Communication Commission of Kenya. The harmonized list then formed the FAL sampling frame of 3,500 enterprises.In carrying out the Foreign Investment Survey(FIS), a purposive sample of 900 enterprises was drawn on the basis of gross turnover, and enterprises known (through other KNBS surveys) to have foreign exchange transactions. The list of enterprises comprised leading companies across different sectors of the economy based on information from regulatory institutions. This procedure was adopted, firstly due to the insufficient funding to carry out a complete census of FAL enterprises, and secondly, it proved to be the most efficient technique to obtain a representative sample. Because of the limitations of the purposive sampling technique so adopted, up rating mechanism was not applied to the results of the survey. After undertaking about two more cycles of FIS, KNBS will then systematically determine total population size of FAL enterprises in the country, for use in probability sampling and up-rating of survey results.
Out of the 900 enterprises surveyed, 500 or 56 per cent indicated that they had FAL. The 400 enterprises without FAL were asked to complete the Investor Perception section. Of the 500 enterprises with FAL, 393 completed the questionnaire (a response rate of 78.6 per cent).
Survey instrument
The Questionnaire: The design of the FIS questionnaire was guided by the information to be required and the format closely follows of questionnaires of MEFMI member countries undertaking foreign private capital surveys. The information sought through FIS questionnaire was general information of the enterprises, data on foreign liabilities and assets, international trade in services for the period 2007 and 2008 and investor perceptions on the investment climate in the countryNBS
Data collection
| Start | End |
|---|---|
| 2010-02 | 2010-03 |
Data collection exercise took 60 days from February to March 2010. The information sought through FIS questionnaire was general information of the enterprises, data on foreign liabilities and assets, international trade in services for the period 2007 and 2008 and investor perceptions on the investment climate in the country.
| Name | Affiliation |
|---|---|
| Kenya National Bureau of Statistics | Ministry of State for Planning, National Development and Vision 2030 |
The overall survey process was overseen by a national coordinator assisted by three regional coordinators. A total of thirty six research assistants, organized into twelve teams, were deployed to administer the questionnaires. Each team comprised three research assistants and a supervisor. The teams were deployed according to the estimated concentration of the target enterprises to be covered within a particular area.
Data processing
Field eiting was done by the Research Assistants prior to submitting the completed questionnaires to the Supervisor.
Data Entry: Involved capturing all the information from paper questionnaires and storing in electronic format.This was done using the Private Capital Monitoring System (PCMS), computer software developed by MEFMI.The system facilitates real-time processing of Private Capital survey and non-survey information in line with Balance of Payments Manual fifth edition (BPM5).
Data Access
"Kenya National Bureau of Statistics, Foreign Investment Survey 2010 (FIS 2010), Version 01, provided by the Kenya National Data Archive. http://statistics.knbs.or.ke/nada/index.php/catalog"
Disclaimer and copyrights
The user of the data acknowledges that the original collector of the data, the authorized distributor of the data, and the relevant funding agency bear no responsibility for use of the data or for interpretations or inferences based upon such uses.
Metadata production
DDI_KEN_2010_FIS_v02_M
| Name | Affiliation | Role |
|---|---|---|
| Kenya National Bureau of Statistics | Ministry of Planning, National Development and Vision 2030 | Documentation of the study |
| Accelerated Data Program | International Househld Survey Network | Review of the metadata |
2013-05-31
Metadata version
Version 02 (October 2013). Edited version based on Version 01 DDI that was done by Kenya National Bureau of Statistics and reviewed by Accelerated Data Program, International Household Survey Network.