Cabinet Secretary for the Ministry of Investments, Trade and Industry (MITI) Lee Kinyanjui has assured Kenyans that the government will support local industries through friendly policies, noting that no country can develop without value addition and agro-processing.
Speaking in Kutus Kirinyaga County when he commissioned a new machinery plant for wheat milling at Joy Millers Limited, the CS added that the partnership between national and county governments to build County Aggregation and Industrial Park (CAIPs) and Export Processing Zones (EPZs) across the country will increase the number of local industries. The CS hailed Joy Miller's company for proving that indigenous industries can thrive. "There is no country that ever developed without value addition and industrialization, that is the only secret.
This company employs over 2000 people and this is a missing story in entrepreneurs where one can tell a story of moving from being a tout to the owner of a big company," said Kinyanjui.
The CS challenged banks to reduce interest rates so that they can be able to sustain economies where everyone benefits.
