Business

Raila to revisit Grand Coalition strategies to revive private sector

Monday, September 27th, 2021 07:37 | By
ODM leader Raila Odinga.PHOTO/COURTESY.

Orange Democratic Movement (ODM) party leader Raila Odinga on Monday highlighted his plan for the private sector if he takes over power in 2022.

Raila said he would reintroduce round table with the private sector to create a forum for the much-needed collaboration with the public sector as he did during Grand Coalition Government.

"This enabled the two sectors clear critical bottlenecks for the good of business and the nation," he said.

He said he has plans go make Kenya a trading nation, identified with specific products and services in the African and global export trade market.

"Increased exports will increase our revenues, create jobs, give us foreign currency reserves, boost our national saving and drive our international competitiveness," he added.

Raila promised to push the government to lead a shift from exporting raw materials and agricultural produce to industrial manufacturing with eyes on the international markets.

"In some 15 years, we can shift the country from light industry labor-intensive production to heavy and chemical industries producing things like iron and steel and IT products for local and global markets," he said.

He added: "I will push for Government-sponsored Monthly Trade Promotion meetings, bringing together highest-level government officials, key ministries, exporters, researchers, education institutions and trading companies for exchange of ideas, information, goals and to improve coordination and mutual understanding between private and public sectors."

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