Kenya's Industrial Transformation Programme (Abridged Version)
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The Ministry of Industrialization and Enterprise Development (MOIED) has developed this strategic, comprehensive and integrated programme to guide Kenya on its journey to industrialization.
The programme is guided by Kenya Vision 2030, the country’s economic development blueprint that aims to transform Kenya into a newly industrializing, “middle-income country providing a high-quality life to all its citizens by the year 2030”. The objective of the Economic Pillar of Vision 2030 is to create a robust, diversified and competitive manufacturing sector in three ways: 1) boosting local production, 2) expanding to the regional market and 3) taking advantage of global
Over the past ten years, Kenya’s manufacturing base has remained static at 11% of the country’s GDP, and its industrial exports have decreased in absolute terms. Increasing this base is critical to job creation and economic growth as well as domestic and foreign investment. We have identified opportunities that will more than double the amount of current formal manufacturing sector jobs to approximately seven hundred thousand and add USD 2 to 3 billion to our GDP.
To realise these opportunities, we need to overcome six challenges: infrastructure and land availability, skills and capabilities in priority sectors, quality of inputs, cost of operation, access to markets and investor-friendly policies. We have developed a five-point strategy to capture these opportunities over the next ten years.
- Launch sector-specific flagship projects in agro-processing, textiles, leather, construction services and materials, oil and gas and mining services and IT related sectors that build on our comparative advantages (Pillars 1 to 4).
- Develop Kenyan small and medium enterprises (SMEs) by supporting rising stars and building capabilities with model factories (Pillar 5).
- Create an enabling environment to accelerate industrial development through industrial parks/zones along infrastructure corridors, technical skills, supporting infrastructure and ease of doing business (Enablers 1 to 4).
- Create an industrial development fund (Enabler 5).
- Drive results through the newly formed Ministerial Delivery Unit.