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

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

February 27, 2020 0 By mykenyancareers
factory pic - 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.