Meru meet to identify county potential

June 27, 2013
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The two-day conference will outline development priorities ahead of a proposed investment conference to be held later in the year/FILE
The two-day conference will outline development priorities ahead of a proposed investment conference to be held later in the year/FILE
NAIROBI, Kenya, Jun 27- Meru County will this weekend host a consultative stakeholders conference geared at mapping out priority development sectors for the county.

The two-day conference will outline development priorities ahead of a proposed investment conference to be held later in the year.

Meru County Governor Peter Munya says that the consultative conference dubbed Meru Rising 2013 will explore feasible avenues to kick-start the county’s bid to target and mobilise a projected Sh150 billion annual investment programme.

“By hosting this stakeholders’ conference, the County Government of Meru has opted to adopt a consultative process to facilitate county development by seeking inclusive views for consensus on the priority projects and areas of investment,” Munya said.

Munya is seeking to prioritise investments in the agriculture, education, water, roads, employment, health, ICT and tourism sectors.

Also targeted is manufacturing and value addition for export products.

“Delegates invited for this conference comprise of Meru County sons and daughters in various economic, social, religious and political positions alongside experts in specific industries and practices cherry picked to provide technical guidance,” he pointed out.

Munya said that the investment will be financed and delivered through a public-private partnership (PPP) model.

“The Meru Rising Conference will therefore discuss how to raise and ring-fence a sustainable revenue generation base, explore the opportunities provided by the Public Private Partnership model for financing projects and the prospects from debt, equity and grant financing in county development,” the governor stressed.

At the conference opening session on Friday, Barclays Bank of Kenya Managing Director Jeremy Awori will address the delegates on the topic: Building for Growth: Real Estate and Infrastructure Development Financing Options.

Other speakers scheduled to address the conference include Equity Bank Group Chief Executive Office (CEO) Dr James Mwangi, Sameer Group of Companies Executive Chairman, Naushad Merali, South Africa Based Citibank Africa Head of Corporate Finance, Martin Mugambi, Stanbic Investments Services Regional Director, James Muratha, and Higher Education Loans Board CEO Charles Ringera, among others.

The conference will be held at Kenya Methodist University Meru Campus.

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