The government aims to construct an additional 30 county aggregation and industrial parks to enhance value addition and boost exports, alongside doubling foreign direct investments to Sh1.6 billion this year, according to Trade and Industrialization Cabinet Secretary Rebecca Miano. Initially targeting 18 parks, this addition brings the total to 48 under the program. Ms. Miano emphasized that these new aggregation hubs will stimulate priority value chains across the country and contribute to increasing the manufacturing sector’s GDP contribution to 10 percent by 2024 and eventually 20 percent by 2030.
The County Aggregation and Industrial Parks (CAIPs) are specialized zones established in all 47 counties by FY 2025/26, providing value-addition centers for agricultural products and storage facilities. During a meeting with ministry heads, Ms. Miano outlined strategic objectives, including doubling exports to GDP by 2027 and FDIs in 2024 to $1.6 billion. The Kenya Bureau of Standards continues to certify products from small businesses, while the ministry aims to reduce reliance on exchequer support by encouraging agencies to raise funds from operations.
Industrialization Principal Secretary Juma Mukhwana highlighted the ministry’s goal of fostering an environment conducive to business expansion, technological progress, and competitive manufacturing methodologies to drive comprehensive economic transformation.