Tag: Opiyo Wandayi

  • Opiyo Wandayi Leads Talks With KEPSA on Private Sector Investment in Kenya’s Energy Sector

    Opiyo Wandayi Leads Talks With KEPSA on Private Sector Investment in Kenya’s Energy Sector

    The meeting followed up on discussions held during the 6th Presidential Roundtable (PRT), where issues affecting investment and economic growth were discussed. The latest engagement focused on identifying practical ways through which the private sector can contribute to the development of Kenya's energy infrastructure.

    According to the information shared about the meeting, one of the main issues discussed was how to mobilise more private sector investment in the energy sector. The government is seeking to strengthen partnerships with businesses to support the expansion and improvement of electricity services across the country.

    Access to affordable and reliable electricity was also among the key issues raised during the engagement. Electricity remains important for businesses, industries and households, with manufacturers relying on a stable supply to maintain their operations and manage production costs.

    The discussions also covered plans to accelerate the development of energy infrastructure. This includes strengthening the systems needed to support electricity generation, transmission and distribution to meet the country's growing demand.

    Another important area of focus was the need to improve public-private partnerships. Through such arrangements, the government and private investors can work together in financing and implementing projects that support the country's development goals.

    The meeting comes as Kenya continues to pursue industrial growth and economic transformation. A reliable energy supply is considered an important part of these efforts because businesses need sufficient electricity to expand their operations, create employment opportunities and improve production.

    KEPSA brings together private sector organisations and represents business interests in engagements with the government on policies affecting the economy.

    The follow-up engagement also highlighted the importance of continued consultations between the government and private sector players as Kenya works towards improving electricity access and creating a supportive environment for investment. Further cooperation between the two sides is expected to remain important in addressing energy infrastructure needs and supporting the country's long-term industrial development.

    SOURCE: https://www.facebook.com/share/p/1HV26AZbmV/