The local manufacturing sector will raise its share of the Gross Domestic Product to 15 per cent and create 300,000 jobs by 2022. This follows the launch of a ten point policy agenda for industrialization by the sector’s lobby, the Kenya Association of Manufacturers. The policy will guide incoming governments on achieving the economic goals stated in their manifestos by directing their efforts on the manufacturing sector. It focuses on doubling jobs, exports and increasing foreign exchange earnings and aims to centralize the economic agenda of Kenya in current and future political narratives. According to the guide, the performance of the manufacturing sector in Kenya, has been weak and failing to keep with developments as seen in other East Africa countries.
Source: The Star July 05, 2017 21:11 UTC