
Government injects KSH 1.1 billion into the County Aggregation and Industrial Parks programme
- Published By Jedida Barasa For The Statesman Digital
- 1 year ago
The journey to establishing the County Aggregation and Industrial Parks (CAIPs) in all 47 counties has received a major boost after the government injected more money into the programme.
In a statement by Trade, Investments and Industry CS Rebecca Miano, the government has now released Ksh.1.125 billion for the ongoing phase one of the project.
In the 2023/2024 Financial Year, the National and County Governments have been implementing CAIPs in Migori, Mombasa, Busia, Meru, Bungoma, Kirinyaga, Homa Bay, Machakos, Siaya, Kiambu, Murang’a, Trans Nzoia, Embu, Uasin-Gishu, Nandi, Nakuru and Garissa counties.
And now each of these counties is set to receive Ksh.62.5 million under tranche one.
CS Miano said the aim of CAIPs is to boost growth of manufacturing through agro-industries and enhanced competitiveness in the agriculture sector.
This would then lead to the creation of jobs, increased income to farmers, earning of additional foreign exchange, promotion of new products, reduction of post-harvest losses and ultimately the provision of a reliable platform where farmers, processors, exporters, researchers, industrial entities and the Government would engage in agro-industrial development.
"Establishment of CAIPs was borne of the realisation that each of Kenya’s 47 counties has a competitive edge whose fuller economic dividend can only accrue if our focus is on the grassroots," Miano added.
CAIPs aims at growing manufacturing and agro-industrial investments and enhance the competitiveness of the agriculture sector in a sustainable manner.
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