Mar 06

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Big Four agenda’s massive opportunities for local and global private sector

President Uhuru Kenyatta has said the Big Four agenda offers many opportunities for the private sector to create wealth for the country’s citizens.

He said the agenda, which focuses on manufacturing, universal healthcare, affordable housing and food security, is aimed at boosting Kenya’s development, create wealth and employment for the youth.

“I have given priority to four key areas to spur economic growth, create jobs for our young people and improve the quality of life of our people over the next five years,” said President Kenyatta.

President Kenyatta spoke at the technology innovative centre I-Hub in Nairobi on March 6th 2018, where he was the chief guest at the opening of the Africa-France Business Forum and the launch of the Stars in Africa’. The programme focuses on youth entrepreneurship and innovation.

The Head of State said Africa was looking for a partnership with the private sector that could create opportunities for the youth and reduce challenges such as migration of youth to Europe in search of jobs.

He said in the next five years, the Government intends to expand manufacturing and increase its contribution to GDP from 9 per cent to 15 per cent; achieve universal health coverage, facilitate the construction of half a million low-cost houses and ensure food security.

The President said Africa was also keen to transform itself into an ideal place of doing business and has undertaken reforms in the last ten years to create a conducive environment for business.

The Head of State said his administration has encouraged the private sector to invest in power generation in its effort to deliver jobs.

He assured foreign investors that Africa is now ripe for investment and prosperity, saying its youthful, creative and innovative entrepreneurs are bold and resolute in implementing their ideas.

“Africa is marching away from a narrative of helplessness to that of hard work and prosperity, anchored on investment and trade,” said President Kenyatta.

The French Business Confederation (MEDEF) President Pierre Gattaz, who is also the Vice-President of Business Europe, affirmed the commitment of the largest French business confederation to work with Kenya to achieve President Kenyatta’s Big Four Agenda, especially in manufacturing to create jobs.

The French delegation has also held meetings with the Cabinet Secretary for Foreign Affairs  Amb. Monica Juma and the Cabinet Secretary of Transport, Infrastructure, Housing and Urban Development James Macharia where they held discussions on partnership and investment in Kenya.

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President Uhuru Kenyatta with members of the French delegation in Nairobi

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President Uhuru Kenyatta at the technology innovative centre I-Hub

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Cabinet Secretary for Foreign Affairs  Amb. Monica Juma (right) met with the Medef delegation during their trip to Kenya

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Cabinet Secretary of Transport, Infrastructure, Housing and Urban Development James Macharia (centre) during his meeting with the French delegation

Permanent link to this article: http://www.kenyaembassyparis.org/big-four-agendas-massive-opportunities-for-local-and-global-private-sector