Former Prime Minister Raila Odinga has outlined his economic vision to make Kenya the African continent’s headquarters for global business.
Raila's macroeconomic vision varies somewhat from Deputy President William Ruto's bottom-up approach which focuses on the microeconomic aspect.
In a statement on Wednesday, Raila said he imagines a country with a firm foundation for the rule of law backed by efficient government structures that can withstand pressure.
"End result; We make Kenya Africa’s leading financial centre; a logistics, shipping and aviation hub; Africa’s headquarter for global business, manufacturing and diplomacy. Jobs come, upward social mobility comes for all. I believe it’s possible," he said.
The ODM leader went on to highlight some of the things that need to be done, for this to be achieved, including; investment in manpower development through a universal top-flight public education system and enforce meritocracy when hiring them.
Raila stated that pursuing a low and transparent tax regime supported by a clean and efficient public service as well as investment in energy will help achieve this.
"With massive investment in air, maritime, rail and road transportation, we will position Kenya as a natural hub for multinational businesses in Africa."
"We promote and finance innovativeness, entrepreneurship, team work and work ethic. Kenyans work hard. Hard work must be made to pay," Raila noted.
