CBA Economic Forum
Kenya Association of Manufacturers participated in the first ever CBA Economic forum on the Big 4 Agenda, organised by the Commercial Bank of Africa.
The manufacturing sector has been identified as one of the pillars that will drive job and wealth creation. Manufacturing sector contribution to GDP has stagnated around 10% in the last 10 years, and a further reported decline to 9.2 percent in 2016. Under Big 4 Agenda, the aim is to increase the sector’s contribution to 15% by 2022.
KAM Head of Policy, Research and Advocacy, Mr. Job Wanjohi noted that in order to grow the manufacturing sector, we need to reduce the cost of production and promote backward & forward value chains in the country.
Kenya Association of Manufacturing is keen to see manufacturing centralized in our national vision towards creating an inclusive political economy. It should dominate discussions on nation building, equal distribution of resources and poverty alleviation.