3 minute read

Foreword

Next Article
CONCLUSION

CONCLUSION

Homa Bay County has positioned itself to take leadership role in the Kenya’s investments space. The county is strategically located within the Great Lakes of Africa and the Lakes Region County Economic Block that makes it a natural commercial hub for the region. The county is advantaged by its proximity and coverage of the largest part of the Lake Victoria shores, a position that allows potential investors to tap into the larger population within the East African Community and COMESA

The County Government is operating under the general direction of Kenya’s Vision 2030, Big Four Agenda, County Integrated Development Plan (CIDP) (2023 – 2028) and other development initiatives and policy frameworks guiding social, economic and political development in Kenya. The Big Four Agenda prioritizes universal and affordable health care, food security, manufacturing, and affordable housing to all its citizens by year 2022.

Advertisement

Indeed, the CIDP gives the road map to achieve the county’s vision of “A wealthy, healthy County living in Harmony with the Environment”. In order to realize this vision, the county government has identified priority investment projects that will require the participation and pulling together of resources from both the public and private sectors. As a government, we have focused and are still committed to creating an enabling business and investment environment that is geared towards promoting private sector participation in the county by opening up new roads, beefing up electricity and internet connectivity and provision of clean water to the residents of Homa Bay County. My government has also ensured that peace and tranquility is guaranteed as we work in harmony with the National government to ensure a peaceful coexistence amongst our citizens.

Homa Bay County boasts of a number of attractive investment offerings, including its strategic location along the shores of Lake Victoria with a shoreline of over 200kms, 17 scenic Islands, close proximity and connection by Lake to several strategic towns along the Lake Victoria shoreline such as Kisumu, Mwanza, Bukoba, Busia and Jinja. The county is also home to Ruma National Park that is home to the rare Roan antelope.

In addition to convention al investments, the County has an unprecedented rich array of novel investment opportunities across the various sectors and has planned for setting up highly attractive special economic zones and Industrial Parks accompanied with special investment incentives. The Government thus welcomes all investors to our beautiful County, an ideal destination for investment, trade and tourism. To investors, be assured that our government will do everything necessary to help you reap maximum returns for your investment.

The major focus for Homa Bay County Government is to spur economic growth, generate employment opportunities to absorb the large number of the unemployed, particularly the youth, and reduce poverty levels. The County Government is convinced that economic growth is the primary vehicle through which it can achieve improved provision of public services.

The County through the Investment and Development Corporation Board is a crucial body that will steer generation of quality investments that are necessary to transform Homa Bay County into a world class hub of investment and living. In our strategic economic plan, we plan to achieve a number of investments to foster sustainable growth and economic stability in the County. This we intend to achieve through focused, constructive and harmonized promotional activities.

We welcome all investors from the region and around the world to take advantage of the business, investment and social development (welfare) opportunities available in Homa Bay County.

Karibu!

H.E Hon Gladys Nyasuna Wanga, CBS. Governor, Homa Bay County

The devolved system of government has opened up the rural areas of Kenya with Homa Bay county emerging as the new frontier for tourism and investment in not only western region in Kenya but in East Africa due to its strategic location and occupation of 80% of the Kenyan waters in Lake Victoria. The economy of the county is largely agricultural with vast opportunities available in agriculture, manufacturing, tourism, energy, real estate and services.

I want to assure our investors, both local and foreign, that Homa Bay is open and safe for doing business. Our government is implementing measures aimed at ensuring political and economic stability- which are the key pillars of long-term prosperity of any county. In addition, the county government is developing infrastructure including transport and stabilizing and increasing connectivity to power to make our county more globally competitive.

The county government welcomes all investors to our beautiful county Homa Bay; an ideal destination for investment, trade and tourism. To all investors, be assured that our government will do everything necessary to help you reap maximum returns for your investment.

This booklet contains viable investment opportunities and bankable investment projects for private – public partnerships, concessional projects, joint ventures and sole proprietors. I assure all investors of necessary government support.

My department is indebted to the Office of the Governor and the entire staff for their financial support and technical expertise that has made this publication possible. I also wish to thank the entire county team including the County Executive Committee Members, Chief Officers, Directors, County LREB Coordination Committee and all technical staff for their invaluable contribution to this investment portfolio.

Hon. Polycarp Okombo County Executive Committee Member, Trade, Investments, Industrialization, Cooperative Development and Tourism

This article is from: