The move represents the implementation of the National Automotive Policy aimed at supporting locally assembled and manufactured vehicles.
Companies on the list were ranked based on the highest annual compounded growth in revenues (CAGR) between 2017 and 2020.
Trade Principal Secretary Amb. Johnson Weru says the programme targets more than 7,000 youth with viable investment ideas across the country.
After launching operations at the Inland Container Depot (ICD) in Naivasha in 2019, former President Uhuru Kenyatta issued an order for onward cargo at the Port of Mombasa to be evacuated to the ICD via SGR. His administration forced importers to use the standard gauge railway (SGR) in a bid to repay the $3.7 billion Chinese debt taken to build the railway.
The bus was developed in line with specifications from the Nairobi Metropolitan Transport Authority (NAMATA).
The KRA has identified segments with high potential for growing revenues, including online businesses, informal small-scale trade, real estate (landlords) and HNWIs.
According to the plan, the new agency will become a one-stop shop for loans from the Government ranging
More deals are expected to be signed during the AmCham Business Summit, to be held on November 4 – 5, 2019.