Ruto 2027 Campaign Kicks Off Along Kenya’s Coast, Grants Ksh 1.7 Billion To Fishing Groups
President William Ruto has announced that 612 fishing groups in five coastal counties will receive grants totaling Ksh1.7 billion.
The beneficiaries come from Mombasa, Tana River, Kwale, Lamu, and Kilifi counties, which are known for their abundant marine resources and vibrant fishing communities.
“Fishing is a key component of our Bottom-Up Economic Development Agenda. That is why we are investing in our blue economy to unlock its huge potential,” said President Ruto during the announcement.
Our country’s food security strategy is dependent on reliable supply of water. It is for this reason that we are constructing new and rehabilitating existing water projects that will further this agenda. pic.twitter.com/ry68530elY
— William Samoei Ruto, PhD (@WilliamsRuto) July 26, 2024
The Head of State stated that this strategic investment aims to generate more than Ksh120 billion annually and provide job opportunities for thousands of young people in the region.
President Ruto emphasized his administration’s commitment to economic empowerment in coastal communities.
“I promised the local fishermen that I would return. I come bearing good news. I have allocated Ksh800 million to the fishing sector to ensure the young people get opportunities to make a living,” he stated.
Ruto stated that the initiative is part of a larger Economic Stimulus Plan to revitalize various sectors of the economy.
One of the key projects under this plan is the construction of Malindi’s Watamu Market, which is expected to cost Ksh50 million and be completed by December 2024.
This is one of eight markets established by President Ruto in the region to boost local commerce and improve facilities for mama mbogas.
Local leaders and fishing communities have welcomed the initiative, which they see as a long-overdue boost to their economies.
With improved infrastructure and financial support, the coastal fishing industry is poised for significant growth, promising a better future for the people of Mombasa, Tana River, Kwale, Lamu, and Kilifi counties.
President Ruto is camping in the coastal region, touring different counties to launch various development projects and communicate progress milestones.
Ruto 2027 Campaign Kicks Off Along Kenya’s Coast, Grants Ksh 1.7 Billion To Fishing Groups
