The EAC Secretariat has
prioritized investment in iron and steel sector as a strategic value chain that
can enable job creation and facilitate socio economic transformation in the
region. In this regard it has commissioned a value chain study in order to
generate comprehensive information on investment potentials in the sectors,
identify policy and other regulatory constrains to the growth of the sectors
and propose actions required to stimulate investment and development of the
value chain.
To enable consultations in the
investment opportunities identified in the study and the proposed policy
interventions, the EAC Secretariat in collaboration with the Ministry of
Industrialization and Enterprise Development and the Mining Associations organised
a National dialogue among stakeholders in the public and private sectors that
was held at the Laico Regency Hotel in Nairobi on the 11th November
2014.
During the dialogue,
presentations were made by the private sector, key government officials,
development partners and other stakeholders highlighting the strategic role of
each stakeholder towards the realization of the study recommendations
The forum was attended by stakeholders
drawn from the Private Sector, Government Policy makers, Development Partners,
Academia, Financial Institutions and other stakeholders.
During the Forum, Mr. Richard N.
Muteti, the CEO of the Kenya National Federation of Jua Kali Associations and Chairman
of the COMESA Business Council SMEs Workgroup made a presentation on “Opportunities and Challenges in the
development of Iron and Steel Metal Fabrication Sector”