President Uhuru Kenyatta encourages private sector participation in growing the Blue Economy.
President Uhuru Kenyatta has called upon the private sector to partner with the government in coming up with innovative ways to fully harness and protect the country’s rich maritime resources.
The President noted that this collaboration will help in creating more jobs and driving economic growth. President Kenyatta has also urged the private sector to scale up investments in shipping and maritime transport, fisheries, aquaculture and renewable energy.
He stated that there are new and emerging business opportunities provided by oceans, lakes, seas and rivers.
The President has underscored the need for the private sector to extend support, including training, technologies and credit facilities, to SMEs.
He said SMEs in the Blue Economy sectors employ millions of people, thus contributing to poverty alleviation.
