Sunday, December 22, 2024
Home > Counties > Kajiado County launches Investment Authority Strategic Plan

Kajiado County launches Investment Authority Strategic Plan

The Kajiado County Investment Authority Strategic Plan (2024-2029) which is set to shape the future of investment in the county has been launched.

The plan, which aligns with the County’s spatial plan, will provide a roadmap for investors across all of the county’s key sectors namely livestock, manufacturing, infrastructure, tourism, agricultural value addition, mining and sustainable environmental management, among others.

According to Kajiado Governor, Joseph ole Lenku, Kajiado is a strategic county for investment and it has created enabling legislation making it ripe for investment.

“Starting with the county government investment authority act and with the support of the county spatial plan which is the guiding document for land use in Kajiado, Kajiado is ripe for investment,” said Governor Lenku.

He remarked that Kajiado being the most peaceful county which is endowed with natural resources, the launch marks a landmark towards the journey of cementing Kajiado county space as a county to invest in.

The governor assured all investors in the county that the county investment authority backed by the county investment authority Act is a one stop shop that will guide them on opportunities and places to invest in Kajiado.

“We continue to strive to create a peaceful and enabling environment for investors and want to assure you that Kajiado is a safe haven for investment,” said governor Lenku.

The strategic plan was launched in partnership with The Kenya Devolution Programme (KDP) – Timiza Ugatuzi, funded by UKAid through Act Change Transform and PWC as the implementing partner.

On his part, Jinal Shah, the First Secretary, Political, at the British High Commission said that they will continue supporting the governor’s vision and aims in improving the livelihoods and environment of the people in Kajiado.

Dickson Sitei, The Chief Executive Officer of the Kajiado County Investment Authority said that the strategic plan is linked to the governor’s vision for the county which is categorized into four prongs.

“One of the prongs is modulated pastoralism. We lost about 700,000 livestock in the recent drought which is a whole economy by itself. As an investment authority, we are looking for investors who will be able to develop state of art abattoirs, feedlots, fodder and export markets for the beef. We are very keen to get investors who can develop the whole chain of livestock business among others,” he said.

While reiterating that Kajiado is a potential hub for investment in Kenya and the region, Hon. Titus Matheka, the chairperson of the Sectoral Committee Trade & Investments added that the Kajiado County Assembly will continue to adopt legislations that will guide development and investments in the county.

By Diana Meneto

Leave a Reply