The aim is to achieve average annual growth of 10% per annum until 2030.
There are 3 main pillars underpinned by what are called enablers.
Enablers for this growth include macroeconomic stability, governance reforms, improved infrastructure, increased human capital.
The projects are implemented in 5 year medium term plans.
Pillar 1: Economic
Economic projects aim to target tourism, agriculture and manufacturing among others.
Projects include:
- development of special economic zones (SEZs) in the cities of Kisumu, Mombasa and Lama - they offer tax incentives for FDI and can provide jobs.
- Creating resort cities especially for tourism. Example is Diani, this will attract tourists and FDI.
- There are many other projects that can be found here
Pillar 2: Social
Social projects aim to target education/training, health and the environment
Projects include:
- Construction of 560 secondary schools
- strengthening KEMSA through increased funding
- waste management strategy in Nairobi
- There are many other projects that can be found here
Pillar 3:
Political projects target rule of law (2010), the electoral process and democracy among others.
Projects include:
- Constitutional reform
- national cohesion improvements
- There are many other projects that can be found here
Big flagship projects that aim to include all 3 pillars:
- Expansion and modernization of JKIA (Joma Kenyatta international airport) and Kisumu airports
- Road network expansion to rural areas
- CCTV installation in major urban areas including Nairobi, Kisumu and Mombasa.
- Investing in green energy
- Improvements of rail networks
- setting up international sports academy
It is worth noting that Kenya has recently discovered large oil reserves that should aid in development of Kenya.
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