The Government has set aside Sh18.3 billion to promote investments and protect the manufacturing industry. Of the Sh18.3 billion, Sh1.4 billion will go to the Kenya Industry and Entrepreneurship Project, Sh3.6 billion to the development of Special Economic Zone Textile Park in Naivasha, the Kenanie Leather Industrial Park and the Athi River Textile Hub. The coronavirus pandemic has given Kenya’s manufacturing sector a reality check, exposing the country’s high dependency on imports, especially from China. Yatani noted that Kenya has the capacity to manufacture baby diapers, but the inputs used in manufacturing the products attract import duty. SEE ALSO: Sh6.5 billion set aside for small scale farmers

Source: Standard Digital June 11, 2020 17:48 UTC