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RUTO UNVEILS KSH 5 TRILLION PLAN TO MAKE KENYA A ‘FIRST‑WORLD’ NATION

RUTO UNVEILS KSH 5 TRILLION PLAN TO MAKE KENYA A ‘FIRST‑WORLD’ NATION
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Wayne Lumbasi

President William Ruto has unveiled an ambitious KSh 5 trillion blueprint aimed at transforming Kenya into a first-world economy. In his recent State of the Nation Address, the President outlined a bold vision centered on infrastructure, energy, agriculture, and human capital, emphasizing that the plan will be largely loan-free.

The plan is anchored on four strategic pillars. First, investment in human capital and innovation will see the creation of a new State Department for Science, Research and Innovation and a significant expansion of the national research fund. The government aims to grow the fund to KSh 1 trillion over the next decade, boosting research, technology, and homegrown innovation to strengthen Kenya’s competitive edge.

Agriculture and water security form the second pillar. Ruto announced the construction of 50 mega dams, 200 medium and small dams, and thousands of micro-dams to irrigate 2.5 million acres within seven years. The initiative seeks to transform Kenya from a net food importer to a net exporter, while supporting agro-industrial parks and modernizing farming practices.

Energy expansion is the third pillar. The government plans to generate an additional 10,000 MW of electricity over the next seven years from a diverse mix of geothermal, solar, wind, hydro, and nuclear sources. The goal is to provide stable, affordable power to industry, technology hubs, and digital infrastructure, fostering industrial growth and job creation.

The fourth pillar focuses on transport and logistics. Ruto promised to dual 2,500 km of highways and tarmac 28,000 km of roads in the next decade. The Standard Gauge Railway (SGR) will be extended from Naivasha to Kisumu and eventually to Malaba at the Ugandan border. Major transport hubs, including JKIA, Mombasa Port, and Lamu Port, will be modernized, largely through public-private partnerships, to improve trade and connectivity.

Kenyan President William Ruto at the Parliament Buildings with Moses Wetang’ula, the Speaker of the National Assembly during his annual State of the Nation Address /Ruto on X/

Financing for the plan will rely on two dedicated funds: a National Infrastructure Fund, fueled by proceeds from state-owned enterprise privatizations, and a Sovereign Wealth Fund to manage natural resource revenues and strategic national investments. Ruto claimed the approach avoids heavy borrowing and additional taxes, while leveraging global investors to multiply the impact of domestic funds.

Beyond infrastructure and energy, the plan prioritizes social and human development. Thousands of new homes, expanded student accommodation, and a strengthened health insurance scheme are part of the agenda. Youth programs such as NYOTA will provide grants, apprenticeships, and digital skills training, preparing young Kenyans for a modern economy.

The plan has generated both excitement and caution. Supporters hail it as a transformative blueprint capable of modernizing Kenya’s economy, boosting food security, and creating jobs. President Ruto’s KSh 5 trillion loan-free plan represents one of Kenya’s most ambitious development strategies to date.

If implemented successfully, it could mark a turning point in the country’s economic journey, shaping a future where Kenya moves confidently toward first-world status.

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Wayne Lumbasi

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