President William Ruto has said Kenya will achieve its KSh5 trillion rapid national development agenda through deliberate support for public and private sector investments that align with the country’s long-term development goals.
The President made the remarks while witnessing the signing of a KSh32 billion contract between Bamburi Cement PLC and SINOMA-CBMI Construction Co. Ltd for the development of a new clinker production line in Matuga, Kwale County.
Ruto described the project as a transformative investment that will play a key role in strengthening Kenya’s industrial capacity and supporting the delivery of major national infrastructure programmes, including the Affordable Housing Programme.
“We will realise our KSh5 trillion rapid national development ambitions through deliberate support for both public and private investment initiatives that align with and advance our shared national goals,” he said
He noted that the project is expected to create employment opportunities for young people, stimulate local enterprises and supply chains, and promote balanced regional industrialisation by anchoring manufacturing growth at the Coast.
“The partnership between Bamburi Cement and SINOMA-CBMI demonstrates how strategic private investment can accelerate national development,” the President said, adding that such initiatives are central to realising Kenya’s economic ambitions.
Ruto commended the two firms for translating investment commitments into concrete action, saying the project reflects the government’s resolve to foster a business-friendly environment that drives inclusive and sustainable growth.
