Unchecked imports a threat to Big Four dream: Manufacturers - News Summed Up

Unchecked imports a threat to Big Four dream: Manufacturers


The Kenya Association of Manufacturers (KAM) said this year portends a gloomy period for them since major consignments for big ticket projects funded by the State worth billions of shillings were being awarded to foreigners. “The manufacturing sector contributes only 8.3 per cent to the GDP and growing at annual rate of 2.3 per cent. Similar sentiments have been raised by other professional entities that feel government officials have ignored local experts and local manufacturers in procuring various goods and services towards realisation of President Uhuru Kenyatta’s Big Four development agenda. This will encourage further investments in Kenya by local and foreign investors, increasing government revenue and, more importantly, offering productive jobs,” said Ms Wakiaga. Enable them (SMEs) to grow their experience by allocating them big ticket projects,” said newly elected Institute of Quantity Surveyors of Kenya chairman Peter Kariuki.


Source: Daily Nation June 03, 2018 10:30 UTC



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