The Kenya Association of Manufacturers (KAM) is banking on the new Centralized Business Portal for Manufacturers, to create more jobs as it seeks to increase contribution to GDP to 25 per cent.
Speaking during the official launch of the Members Portal, KAM Chairlady, Flora Mutahi noted that the information shared through the portal will provide investors with the necessary data needed to map out areas of investment and potential sectors for businesses to scale into.
“It will increase the sector’s investment competitiveness by providing necessary data needed for investment and ultimately, the growth of the sector,” said Mutahi.
She added that the initiative by KAM is part of wider efforts to integrate the use of technology in the manufacturing sector which is in line with KAM’s economic goals towards the achievement of Vision 2030.
The portal will help grow the 445, 000 jobs to 800, 000, Increase the 48 per cent SME’s owned by women to 75 per cent as well as Increase contribution to GDP from 20 per cent to 25 per cent by year 2020.
TradeMark East Africa ICT Director, Alban Odhiambo noted that it is critical to improve the availability and accessibility of information that businesses and policy makers require to make decisions.
“The goal of this venture is to ensure that manufacturers operating in the country and the region, or planning to set up shop have access to accurate and reliable information to support their strategic and operational decision-making processes,” said Odhiambo.
The portal will ensure enhanced responsiveness to market changes, give businesses more freedom to drive innovation and enable them to get services faster.