MK254
JF-Expert Member
- May 11, 2013
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Two projects have been granted the Vision 2030 flagship status, meaning that their establishment will be fast-tracked.
The projects are the proposed Sh3 billion fertiliser plant in Nakuru and a Nairobi-based sports bicycle maker.
Kenya Vision 2030 Delivery Secretariat Director-General Professor Wainaina Gituro said the projects will get quick approvals from various State agencies.
Professor Gituro said the secretariat’s role is to drive the government’s mission of creating jobs and ensuring more companies are established locally to serve the expanding regional market.
He said the government is seeking to reduce the cost of goods while helping Kenyans produce their own food for consumption and surplus for sale.
“We are happy to be associated with these two companies which will positively impact on the entire value chains in their respective industries for a health nation. Our goal is to promote establishment of companies that improve the quality of life for Kenyans,” he said.
He said ongoing government infrastructure projects such as roads, railway and energy will be complemented by private companies setting up factories that will utilise the government facilities at a fee. This he added will generate more revenue for the government.
He said key investments have total government support.
Fertilpant East Africa’s Executive Director Tim Gitau said the plant, currently under construction and planned for completion by May 2017, is expected to benefit immensely from the standard gauge railway as it will reduce the cost of fertiliser input - which have to be imported in bulk.
He said ongoing construction of roads would help them price their products competitively in East Africa.
“While we shall expand employment opportunities for more Kenyans across the value chain, the price of fertiliser will drop by up to 70 per cent since production of Nitrogen, Phosphorus and Potassium fertiliser will be locally done as opposed to the current situation where the bulk of fertiliser is imported in a processed form,” said Mr Gitau.
Fertiliser plant, bicycle maker get State priority
The projects are the proposed Sh3 billion fertiliser plant in Nakuru and a Nairobi-based sports bicycle maker.
Kenya Vision 2030 Delivery Secretariat Director-General Professor Wainaina Gituro said the projects will get quick approvals from various State agencies.
Professor Gituro said the secretariat’s role is to drive the government’s mission of creating jobs and ensuring more companies are established locally to serve the expanding regional market.
He said the government is seeking to reduce the cost of goods while helping Kenyans produce their own food for consumption and surplus for sale.
“We are happy to be associated with these two companies which will positively impact on the entire value chains in their respective industries for a health nation. Our goal is to promote establishment of companies that improve the quality of life for Kenyans,” he said.
He said ongoing government infrastructure projects such as roads, railway and energy will be complemented by private companies setting up factories that will utilise the government facilities at a fee. This he added will generate more revenue for the government.
He said key investments have total government support.
Fertilpant East Africa’s Executive Director Tim Gitau said the plant, currently under construction and planned for completion by May 2017, is expected to benefit immensely from the standard gauge railway as it will reduce the cost of fertiliser input - which have to be imported in bulk.
He said ongoing construction of roads would help them price their products competitively in East Africa.
“While we shall expand employment opportunities for more Kenyans across the value chain, the price of fertiliser will drop by up to 70 per cent since production of Nitrogen, Phosphorus and Potassium fertiliser will be locally done as opposed to the current situation where the bulk of fertiliser is imported in a processed form,” said Mr Gitau.
Fertiliser plant, bicycle maker get State priority
