Counties, National Government Seal Sh4bn CAIPs Deal

Jukwaa

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NAIROBI, Kenya May 28 – The National and county governments have signed a KSh4 billion agreement on phase two of the establishment of 16 County Aggregation and Industrial Parks (CAIPs).

President William Ruto, who witnessed the signing ceremony, said the government has disbursed a total of KSh8.5 billion for CAIPs at KSh250 million to each of the 34 participating counties.

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He noted that the programme is transforming counties into engines of industrialisation, innovation, job creation, and economic transformation and moving Kenya “from a consumption economy to a production economy”.

“Once operational, these industrial parks will significantly expand value addition to agricultural and natural resources at the county level, reduce post-harvest losses, create jobs for thousands of young people, expand market access for local products, attract private investment into manufacturing and agro-processing, strengthen exports, and enhance the competitiveness of our counties and our country,” he said.

Speaking during the signing ceremony at State House Nairobi on Thursday, President Ruto noted that 10 out of the first 18 CAIPs are now complete and ready for investors.

Governors, led by Council of Governors Chairman Ahmed Abdullahi and Trade Cabinet Secretary Lee Kinyanjui, among others, were present.

The President noted that the programme has taken industry closer to the people, unlocked the productive potential of counties, and will ensure that every part of Kenya participates meaningfully in national growth and prosperity.

He explained that countries that have succeeded in exporting products started from the grassroots.

📰 Source: Capital FM Kenya

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