By Ahmed Salat AARAN TV KE
President William Ruto has reaffirmed the government’s commitment to accelerating grassroots industrialisation through the County Aggregation and Industrial Parks (CAIPs) programme, describing it as a transformative initiative aimed at unlocking economic potential across the country.
Speaking at State House Nairobi during the signing of 16 Inter-Governmental Participation Agreements on the establishment of CAIPs, the Head of State said the KSh8.5 billion investment will position counties as hubs of manufacturing, innovation, job creation, and enterprise development.
“Our investment in County Aggregation and Industrial Parks is transforming counties into engines of industrialisation, innovation, and economic transformation,” President Ruto said.
The President noted that the programme is a joint undertaking between the National Government and county governments, with each of the 34 participating counties receiving a combined investment of KSh500 million to drive grassroots industrial growth.
“Through this partnership, we are laying a strong foundation that will empower farmers, support manufacturers, strengthen local enterprises, and create wealth across the counties,” he added.
President Ruto further revealed that the government is investing an additional KSh2.4 billion in common-user facilities under the CAIPs programme. Approximately KSh150 million has been allocated to each facility to enhance value addition based on the economic priorities of individual counties.
The initiative is expected to boost agro-processing, expand market access for local producers, create employment opportunities for thousands of youths, and stimulate regional economic growth.
Leaders present during the signing ceremony hailed the programme as a major step towards inclusive development and sustainable industrial expansion across Kenya.
Comments
Post a Comment