Manufacturing Sector Key to Kenya’s Vision 2030, Says President Ruto

By Shadrack Nyakoe

President William Ruto has highlighted the pivotal role of Kenya’s manufacturing sector in achieving the national development blueprint, Vision 2030, which targets a 10% annual economic growth rate.

Speaking during the groundbreaking ceremony for Devki Steel Mills in Manga, Taita Taveta County, Ruto emphasized the sector’s importance as Kenya’s second-largest employer, directly providing jobs to 363,000 people and indirectly supporting numerous livelihoods.

Ruto reiterated the government’s commitment to fostering industrial growth under the Bottom-Up Economic Transformation Agenda (BETA).

He announced ambitious plans to raise the manufacturing sector’s GDP contribution to 15% by 2027 and 20% by 2030 through strategic investments and an enabling business climate.

The President lauded the Devki Steel Mills project as a testament to Kenya’s industrial future, emphasizing its alignment with the nation’s vision for inclusive growth and equitable opportunities.

He described the expansion as a bold step toward industrial transformation, reaffirming the government’s dedication to realizing shared development aspirations.

Comments (0)
Add Comment