Home Business Here are five drivers of Vision2030 Fourth Medium Term Plan

Here are five drivers of Vision2030 Fourth Medium Term Plan

The Kenya Kwanza administration has earmarked five thematic areas that will drive Kenya’s Vision2030 economic blue print over the next five years.

The Fourth Medium Term Plan unveiled by President William Ruto on Thursday gives priority to Affordable Housing, Agro-processing, Affordable Healthcare, Small and Medium Enterprise and Digital Super-highway investments between 2023 and 2027.

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In The third Vision 2030 medium plan the government focused on economic recovery thematic areas after the adverse effect of Covid-19 on the economy.

Increased Resilience of the Economy to Global Supply Chain Shocks, and enhanced role of the Private Sector in the economy were the main highlights of the medium plan three.

The government plans to promote agro-processing by increasing agricultural production through the provision of affordable farm inputs.

Additionally, one million affordable housing units will be constructed with, 4,600km of high voltage transmission lines and 37 sub-stations constructed to connect an additional 2.3 million Kenyans to the national grid.

To enhance mobility the government intends to construct 6,000km of new roads, upgrading 101,755km of existing roads, and the construction of 277 footbridges.

An extra 100,000km of fibre-optic cable will be laid as part of the National Optic Fibre Backbone Infrastructure Programme.

This is the fourth plan under Vision 2030, which is Kenya’s socio-economic development blueprint. Crafted in 2008, Vision 2030 seeks to transform Kenya into a newly industrializing country, with a high standard of living.

Benson Rioba
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