KAM Chair reiterates importance of the manufacturing sector to the economy

KAM Chair reiterates importance of the manufacturing sector to the economy
KAM Chair Mucai Kunyiha

NAIROBI, Kenya Feb 24-The Kenya Association of Manufacturers Chairman Mucai Kunyiha has reiterated the importance of the manufacturing sector to the country’s economy.

Speaking to Capital Business, Kunyiha noted that all policies in their recently launched manifesto will guide the country towards economic development if they are all implemented.

Yesterday, the Association launched the Manufacturing Manifesto 2022-2027, which highlights key issues facing manufacturers, to guide politicians develop their agenda.

“Even after we launched our manifesto, we are not writing the policies just for the sake, but we hope that the government will implement them on the ground,” he said.

Even so, Kunyiha noted that with implementing the policies and ideas, the government should be keen to ensure that everything they pass has a purpose to boost the competitiveness of the country and not just make them look good.

“Our public services for instance need to be more efficient and affordable through benchmarking with global best practices like comparing our port with ports in Dubai to see how competitive we are,” he said.

According to Kunyiha, for a country to develop, it needs to have a firm industrial base to create wealth and opportunity.

The KAM Manifesto highlights key areas, which if looked into, shall drive prosperity and empower citizens economically.

These include macroeconomic issues, raising the export intensity of manufacturing, reducing the regulatory burden, raising investment for industry, providing public goods for manufacturing, driving counties’ industrial competitiveness, effective and pro-industry taxation structure and fully implementing existing manufacturing-centric policies.