Kenya Association of Manufacturers in partnership with the Ministry of Industry, Trade and Cooperatives and United Nations Industrial Organization have today launched the 2nd Kenya Manufacturing Summit and Expo that is set to run from 23rd – 25th November 2017.
The Expo seeks to promote Buy Kenya, Build Kenya, showcase local content, establish market and financial linkages and promote innovation in industry.
This is in addition to mobilize development partners to enhance commitment to Kenya’s industrialization process, enhance engagements with all arms of Government and stakeholders in the manufacturing and business sectors, promote sustainable industrialization, foster innovation and exploring market opportunities in the region to enhance Kenya’s and regional industrial development critical in part, to promoting intra Africa trade.
Speaking at the briefing, KAM Chairlady, Ms. Flora Mutahi pointed out that the summit and Expo is an opportunity for industry and stakeholders to deliberate on transforming the nation through industrialization and promoting local industries for industrial growth, job and wealth creation.
“Vision 2030 sets apart the manufacturing sector as a key actor for the development of the country’s economy, which has seen Public-Private Partnerships as one of the ways in which Kenya can achieve sustainable competitiveness. Its for this reason that the Ministry has once again partnered with KAM and UNIDO in order to address challenges affecting the competitiveness of Kenyan industries, regionally and internationally,” Ministry of Industry, Trade and Cooperative CS, Mr. Adan Mohamed said.
The 1st Kenya Manufacturing Summit, held in 2016, showcased the need to strengthen Government’s engagement and partnership in addressing the challenges identified by the Vision 2030 and the Kenya Industrial Transformation Programme towards Kenya’s industrial transformation.
Among the issues highlighted include the reduction of tariffs and non-tariff barriers across the EAC and Africa, promoting Kenya’s products in regional and international markets, providing tax incentives to enhance manufacturing competitiveness in Kenya.