While addressing the joint sitting of the Senate and National Assembly, Kenyatta said this will be done through development of new policies that will increase business related activities.
The President said his government will focus on uplifting the key sectors that will easily create direct and indirect jobs especially for the youth.
“While our financial and ICT sectors are strong, our agriculture, manufacturing and transport sectors, that should be driving export led growth, are under performing. As a nation, we still face the challenges of slow growth, unacceptably high levels of unemployment, and pervasive poverty,” the president said.
The new government also targets to attain and sustain a double digit economy from the current 4.5 percent.
He said the growth will be delivered if the right combination of policies and determination are pursued.
“We must reduce the cost of the ordinary household’s basket of goods, including food, housing, energy and transport,” he emphasized.
The government has also promised to create a favourable business climate that encourages innovation, investment and growth.
President Kenyatta’s statement comes even as Kenya dropped 12 positions from 109 to 121 out of 185 countries in the ease of doing business annual report 2013 by the World Bank.
“We must establish a first class logistics hub, covering transport, roads, railways, waterways, pipelines, ports, storage; energy,” the Head of State said.
On tourism, the government aims at doubling the level of tourism in the country to 3 million visitors a year by 2017 through infrastructure improvement and marketing the country as one of the best tourism destinations.
In pursuit of this a new promotion agency will be put in place, which will include all the bodies that promote Kenya in all aspects of the economy to the outside world.
Embassies and missions will also be remodelled to market Kenya in their respective countries and link directly to the new trade promotion service.