There is a need to entrench regional economic blocs in law to enhance their credibility and attract sustainable funding from development partners and financial institutions, Nyandarua Governor Moses Kiarie Badilisha has said.
Speaking to the media during a courtesy call by officials from the New Partnership for Africa Development (NEPAD), Governor Badilisha noted that while regional economic blocs such as Central Region Economic Bloc (CEREB) have made notable strides in fostering inter-county collaboration, their operations remain largely informal and lack the legal backing needed to guarantee long-term impact.
He noted that without a legal framework, the economic blocs remain fragile, as development partners and financiers need assurance that their investments are anchored in law with structures that will outlive political cycles.
The county boss, who also doubles as the secretary to the CEREB bloc, affirmed Nyandarua's commitment to inter-county cooperation and regional partnerships that will deliver tangible results to citizens. "Formalising economic blocs would enable counties to jointly attract investment in areas such as infrastructure, agriculture, agro-processing, value addition, and industrialisation which are key pillars in boosting local economies and creating employment," added Governor.
