[Silas Nyamweya, Standard]As the chairperson of Honda Motorcycle Kenya Ltd and the Motorcycle Assemblers Association of Kenya (MAAK), I have witnessed firsthand how strategic support for key industries can transform a nation’s economic landscape. In South Carolina, incentives to BMW have dramatically boosted the local economy through job creation and investment. As a key participant in the motorcycle assembly industry, our extensive network includes 74 dealers across Kenya, supporting over 3,000 livelihoods. By setting measurable goals and aligning incentives with key economic sectors, Kenya can stimulate job creation, encourage significant domestic and foreign investments, and ensure the economic benefits are widely felt across the economy. The automotive industry, with its vast potential for innovation and job creation, is undoubtedly well-positioned to drive this change.

Source: Daily Nation July 28, 2024 11:37 UTC