Kitui county banks on industrial park to unlock economic potential

Kitui Governor Julius Malombe says construction of an industrial park is a strategic move to create a conducive environment for investors. [File, Standard]. Kitui County has set aside 1,500 acres of land for an industrial park in efforts to drive economic growth and create job opportunities. Speaking while commissioning the Kitui County Aggregation and Industrial Park (K-CAIP) in Kanyonyoo, Governor Julius Malombe said that the strategic move aims to create a conducive environment for local and international investors. This, the governor said, the industrial parkwill spur industrial growth in the county and create job opportunities. "The industrial park will serve as a key driver for economic transformation and position the county as a leading hub for manufacturing and investment. Our goal is to capitalise on local resources and the county wealth, thus positioning Kitui as a leader in industrialisation," the governor told more than 3000 people who attended the investors' sensitisation forum at the industrial park. He expressed optimism that the county offers huge investment potential due to its vast wealth of minerals and natural resources and huge tracts of land. The governor cited large deposits of limestone, coal, iron ore, high quality gemstones, graphite, gypsum and other minerals, saying this natural wealth presents a unique opportunity for large scale industrial investments. "These resources present a unique opportunity for large scale industrial investments in cement production, mining and value-added mineral processing," Malombe said. Rivers Tana and Athi which flow throughout the year cut across the county and offer ready water for big industries. Malombe promised to create favourable business environment by establishing the necessary infrastructure and support system geared towards positioning the county as a leader in industrialisation. The governor called on the local investors, cooperatives and micro, small and medium enterprises (MSMEs) to grab the investment opportunity, saying local investors will be prioritized in land allocation at the industrial park. Further, the governor said his administration has identified six Economic Investiment Zones (EIZs) to harness its resources "Through these economic zones, we envision a transformed county with a robust industrial sector that offers thousands of employment opportunities, enhances local business and drives sustainable economic growth," he said. Other than land, Malombe revealed that the county government is working on an elaborate master plan on other incentives that will be offered to attract investors in the county. Kitui Township MCA Daniel Ngoima who is also the chairman of Trade and Investment Committee promised that the House will fast track the formulation of the right legislation policies to ensure success of the industrial park.

Kitui county banks on industrial park to unlock economic potential

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Kitui county banks on industrial park to unlock economic potential

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