William Ruto to revive textile industry, boost export
Ruto pledges to empower cotton farmers to grow the raw material for textile factories. Kenya Kwanza plans to speed up the second Mzima pipeline and the Mwache dam projects.
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Ruto pledges to empower cotton farmers to grow the raw material for textile factories. Kenya Kwanza plans to speed up the second Mzima pipeline and the Mwache dam projects.
The government spokesperson cited Covid-19 as the main reason farmers are having challenges in producing enough raw materials for the manufacturing sector.
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The centre will comprise an export-processing zone (EPZ), industrial parks, free trade zones, as well as other auxiliary services.
Commercial banks have stepped up lending to export firms, especially those in industrial parks and export processing zones, as exports of many goods have grown strongly this year.