President Uhuru Kenyatta has strongly indicated that the promotion of the stagnant manufacturing sector will be a priority in his economic agenda during his second and final term in office. The sector’s contribution to country’s national wealth, technically referred to as gross domestic product (GDP), has stagnated at about 10 per cent in a decade or so. Last year, the sector’s share of GDP fell to 9.2 per cent, an indication that it grew at a slower pace than the economy.
The under-performance of the sector has been widely cited as the reason Kenya has failed to achieve the targeted sustainable annual 10 per cent growth in GDP from 2010 under the Vision 2030, the country’s long-term development blueprint.
