How contract manufacturing can unlock sector’s potential

To entice young people and MSMEs into manufacturing through the contract manufacturing model, we must elevate awareness about its potential benefits.

Photo credit: Fotosearch

Kenya's manufacturing sector stands at a crucial juncture. Despite marginal growth over the years, the contribution of manufacturing to the Gross Domestic Product (GDP), has declined from approximately 12 percent in 2012 to just 7.6 percent in 2024.

In stark contrast, sectors like telecommunications and banking have flourished, underscoring the urgent need to rejuvenate manufacturing as a cornerstone of economic growth.

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Note: The results are not exact but very close to the actual.