Kenya's commitment to sustainable Blue Economy highlighted at BlueInvest Africa 2024
07/04/2024 13:15 in News

By Patrick Chiriba

President William Ruto reiterated Kenya's dedication to harnessing the potential of the blue economy for sustainable growth and job creation.

In a speech delivered by Mining and Blue Economy Cabinet Secretary Salim Mvurya during the BlueInvest Africa Forum 2024, President Ruto outlined Kenya's comprehensive strategies and significant investments aimed at transforming the blue economy sector.

"Kenya is at the forefront of integrating technology into the blue economy We recognize that technological advancements are pivotal in addressing some of the most pressing challenges we face, from marine pollution to sustainable fishing practices," President Ruto stated.

President Ruto highlighted the government's allocation of over sh20 billion to various blue economy projects.

These projects include developing a Marine Spatial Plan for the Kenyan part of Lake Victoria, which aims to guide the sustainable use of marine spaces and support aquaculture governance frameworks.

The President also underscored the importance of collaboration and private sector engagement in driving the blue economy forward.

 "The Blue Invest Africa Forum is a great opportunity for African entrepreneurs seeking financing. The interaction with international investors will unlock opportunities capable of propelling Africa's blue economy forward," he said.

"By fostering a spirit of collaboration and partnership, we can transform the blue economy into a powerhouse of job creation and economic growth,” he added.

Highlighting specific projects, the Head of State mentioned the development of Shimoni Fishing Port, the establishment of Liwatoni Fishing Port and Processing Plant, and the upcoming Lamu Fish Processing Plant.

"The government is supporting small-scale fisheries by developing fish landing site infrastructure equipped with cold chain facilities in the Indian Ocean riparian counties and inland fresh water bodies," the President stated.

These projects aim to enhance cold storage facilities, ice plants, fish processing, and value-addition facilities, significantly improving the quality of fish and reducing post-harvest loss.

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