5 Pillars To Drive Kenya’s Manufacturing Sector Forward In 2017

Kenya Association of Manufacturers have today launched this years Manufacturing Priority Agenda 2017 under the theme “Driving industrial transformation for job creation and inclusive economic growth”.

The 5  MPA do focus on emerging public policy, a review of the current business environment and relevant regulations, as well as a vision to industrialize for the benefit of Kenya’s economy. It details on the need for investment in technical skills, creating a nurturing environment for SMEs with a special emphasis on women and youth enterprises, and making Kenya an export hub thereby increasing the competitiveness for local business.

The 5 Pillars

These priority areas will be driven under five key pillars which, if strengthened, will lead to a more competitive environment and impactful economic gains for Kenya’s industrial sector. The pillars include:

  1. Policy, Legal and Regulatory Reforms

  2. Level playing field for manufacturing in Kenya

  3. Competitive Local Manufacturing Sector

  4. Make Kenya a manufacturing hub for Exports

  5. Securing the future of Industry

During his keynote address, Principal Secretary, State Department of Industry and Investment Mr. Julius Korir stated that the government is keen on working with private stakeholders to achieve the manufacturing agenda.

Industrialization

 “The Government has indeed shown willingness to engage with Industry towards the realization of vision 2030 from our past MPAs.  This year we look forward to working even more closely, not just to advocate for better regulations for business, but more so to develop a manufacturing policy that will address issues of inclusive growth and economic stability for our nation.

We strongly believe industrialization of our country should be a priority for all citizens, with a view to drive the creation of wealth and productive jobs.” added KAM Chairlady, Ms. Flora Mutahi

On the other hand, KAM Chief Executive, Ms. Phyllis wakiaga expressed her faith and confidence in achieving  a lot under the theme, driving industrial transformation for job creation and inclusive economic growth even as she thanked the government for stepping in, as a partner in resolving critical matters such as VAT refunds, interventions on budget proposals (increased taxation on imported steel products) and their support on the ratification of EPAs among other major wins.

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Muhatia
Muhatia is the Managing Editor of Biz News Media Reach him via editor@biznews.co.ke