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Blue Economy to Drive Kenya’s GDP to Sh80Bn by 2026, Says Kindiki

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NAIROBI, Kenya- Kenya is charting a course toward a brighter future with ambitious plans to expand its blue economy. 

The government aims to boost the sector’s contribution to the Gross Domestic Product (GDP) from Sh37 billion to Sh80 billion annually by 2026, with a long-term vision of hitting Sh150 billion by 2027. 

This initiative aligns with the Kenya Kwanza Bottom-Up Economic Transformation Agenda (BETA) Plan, emphasizing sustainable economic growth and job creation.

The centerpiece of this transformation is the Sh2.6 billion Shimoni Fish Port project in Kwale County. 

https://twitter.com/Kenya_Ports/status/1876693976700612837

Slated for completion by March 2025, the port will feature state-of-the-art facilities, including a modern jetty, a fish landing site, and a processing plant with cold storage and ice-making units. 

According to Deputy President Kithure Kindiki, the port will significantly boost household incomes, create jobs, and invigorate local economies.

“This project is more than just infrastructure. It’s about empowering communities and creating sustainable livelihoods,” Kindiki said during his site visit on Tuesday. 

The Deputy President stressed the importance of timely completion, urging contractors to stick to the schedule.

Beyond infrastructure, the government is equipping fisherfolk with the tools they need to succeed in deep-sea fishing. 

Capital and operational grants are being provided to help acquire modern fishing boats and advanced gear. This initiative is expected to unlock the vast untapped potential of Kenya’s marine resources, ensuring local communities can fully participate in the blue economy boom.

The Shimoni project underscores the government’s commitment to revitalizing critical value chains. 

It also reflects a collaborative effort, with key stakeholders, including Cabinet Secretary for Maritime Affairs Ali Hassan Joho, Principal Secretary Betsy Njagi, and Kwale Governor Fatuma Achani, joining forces to ensure the project’s success.

The site visit highlighted not only progress but also the potential for transformative growth, leaving stakeholders optimistic about the road ahead.

Kenya’s investment in the blue economy signals a bold step toward economic diversification and sustainability. 

By marrying state-of-the-art infrastructure with community empowerment, the government is positioning the country as a regional leader in maritime industries.

George Ndole
George Ndole
George is an experienced IT and multimedia professional with a passion for teaching and problem-solving. George leverages his keen eye for innovation to create practical solutions and share valuable knowledge through writing and collaboration in various projects. Dedicated to excellence and creativity, he continuously makes a positive impact in the tech industry.

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