The much-hyped Industrial Parks and Aggregation Centres launched by the national government in partnership with county governments two years ago have stalled due to a lack of funds and failure to pay contractors.

The national and county governments are now threatening to terminate contracts of the contractors over claims of delays to complete the projects.

In Bungoma the Sh500 million County Aggregation and Industrial Park (CAIP) contract is on the verge of termination.

Governor Kenneth Lusaka and Trade Cabinet Secretary Lee Kinyanjui have expressed frustrations over delays that have left the development at just 30 per cent completion, two years after its commissioning.