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According to the Purchasing Managers’ Index, private sector firms faced shortage of raw materials owing to reduced imports from China due to the virus outbreak over the past month/FILE

Kenya

Government on track to establish a competitive manufacturing-led economy – Matiangi

Matiangi says the creation of a one-stop-shop for service delivery for businesses will contribute to creation of a conducive business environment/COURTESY

NAIROBI, Kenya Feb 27 – The government is working to streamline its operations to create a competitive manufacturing-led economy for job and wealth creation.

Cabinet Secretary for Interior and Coordination of National Government Fred Matiangi says the creation of a one-stop-shop for service delivery for businesses will contribute to creation of a conducive business environment.

“Previously, the need for approval from various agencies increased the cost of doing business and was an opportunity for rent-seeking. The one-stop-shop for service delivery for businesses will change this. We have also held engagements with county governments to harmonize county cess, fees and charges to reduce the cost of doing business amongst counties,” Matiang’I stated.

While supporting Matiangi’s sentiments, Kenya Association of Manufacturers Sachen Gudka observed that there is a need to urgently rethink the country’s economic trajectory by making a swift about-turn to prevent further decline and stimulate growth. 

Gudhka lobbied for the creation of a space that provides the much-needed stimulus for industry to grow, become competitive and increase productivity.

“Establishing a competitive manufacturing-led economy for job and wealth creation” is a how-to guide on how this space can be created,” he said.

They spoke during the launch of the Manufacturing Priority Agenda 2020, which highlights among other things, enabling stability of the macroeconomic environment and Enhancing the competitiveness of locally manufactured goods among others.

Some of the measures the Association is proposing, this year, to establish a competitive manufacturing-led economy include enabling stability of the macroeconomic environment, enhancing the competitiveness of locally manufactured goods and developing a pro-industry policy and institutional framework.

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