Ruto's administration sought manufacturing sector revival as economic pillar, yet inherited declining sector (manufacturing share had fallen from 13% of GDP to under 10%). Policies focused on reducing input costs (electricity, transport), tax incentives for manufacturers, and export promotion. Yet fundamental constraints (high labor costs, limited raw materials, regional competition) limited manufacturing competitiveness. Early initiatives showed limited transformative potential, suggesting manufacturing revival required more comprehensive policy restructuring than government appeared willing to undertake.
See Also
Sources
- Ministry of Industrialization, "Manufacturing Policy," 2023