Counties asked to fund stalled Sh23.5bn industrial parks as State cash dries up
Scroll down to read the article
A deserted site of the upcoming Nyeri County Aggregation and Industrial parks along the Nyeri-Nanyuki highway near the Naromoru area on March 29, 2024.
The government is now asking counties to fund establishment of industrial parks across the 47 devolved units after one of President William Ruto’s flagship projects ran into a deep funding crisis.
Trade and Industrialisation Cabinet Secretary Lee Kinyanjui told senators on Thursday that regions whose County Aggregation and Industrial Parks (CAIPs) exceed the Sh500 million joint funding threshold, will have to finance the balance.
