The Manufacturing Priority Agenda (MPA) 2018

The Manufacturing Priority Agenda (MPA) 2018

Every year, the Kenya Association of Manufacturers (KAM) sets out advocacy
priorities in a publication titled “The Manufacturing Priority Agenda (MPA)”.
This year’s MPA marks the fourth series since commencement of its production
in 2015. The theme of the MPA 2018 is “Sparking Kenya’s Industrial
Transformation for Job Creation”. It highlights an urgent need for Kenya to
focus on the sector and to reignite its potential to achieve a multiplier effect
on the economy, ultimately leading to more investments, expanding markets,
job creation and better standards of living for all.

The Government’s renewed commitment to the sector through an announcement
made by H.E The President of Kenya, on the 28th of November 2017, presents a great opportunity for the country to make leaps on critical economic goals set out in Vision 2030. It is the goal of the National Government to increase the contribution of the manufacturing sector from the current 9.2% contribution to the gross domestic product (GDP) to 15% by 2022. A raft of policy strategies such as Vision 2030, Kenya Industrial Transformation Programme (KITP), National Trade Policy, Investment Policy and Buy Kenya Build Kenya (BKBK) have been devised to spur the manufacturing sector in Kenya.

The MPA highlights current hurdles hampering Kenya’s industrial growth and articulates proposals on how these can be overcome. The 2018 MPA will be hinged on five pillars as follows: competitiveness and level playing field; export driven manufacturing; pro-industry policy and institutional framework; government driven SMEs development and securing the future of the manufacturing sector.

Manufacturing is the only guaranteed way for a country to increase the number of people earning substantial wages because of strong backward and forward linkages with other sectors in the economy. The more people have reliable and stable jobs, the more they can afford their basic needs. A thriving industry is also a great development partner for Government, as it increases revenue and enables the government to provide social amenities to all citizens. In the long run this translates to a reduced poverty gap and increase in equality in the society.

No Comments

Post a Comment