Kenya launches initiative to spur industry's growth

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Kenya launches initiative to spur industry's growth

STORY: Kenya launches initiative to spur industry's growth DATELINE: Oct. 20, 2022 LENGTH: 0:01:24 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the meeting 2. SOUNDBITE (English): WILLIAM RUTO, Kenyan President 3. various of the meeting STORYLINE: Kenya on Wednesday launched an initiative that seeks to spur the country's industrial growth. President William Ruto said in the capital Nairobi that the Kenya Manufacturing Vision 2030 provides a roadmap to increase the sector's contribution to the gross domestic product (GDP) from the current 7.2 percent to 20 percent by 2030. SOUNDBITE (English): WILLIAM RUTO, Kenyan President "You have persuaded me that it's possible for us to create a million jobs from the manufacturing sector. You have persuaded me that it's possible for us to move the contribution of our GDP from 7 percent to 20 percent in eight years." He observed that the East African nation will expand its industrial sector through continuous engagement, consultation, sharing of i

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