During their recent International Investment Conference, the Homa Bay County government and investors signed eight Memoranda of Understandings (MOUs).
Governor Gladys Wanga commended all stakeholders, including the executive, partners, and sponsors, for their contributions to the success of the investment conference.
The county government has signed MOUs with various organizations including Afropal International Limited, Ento Tech Africa Limited, Yazmark International, Rift Valley Products Limited, Manda University Trust, Fairdeal Real Estate, Kenya Shipyard Limited, and Redington.
Wanga said that in the agricultural sector, Afropal International Limited in collaboration with the national government will provide a framework for edible oil palm production around the Lake Victoria region including Homa Bay County.
Yazmark International and Homa Bay County government are set to establish a 50-bed Mother and Child Specialist Hospital to tackle regional healthcare challenges.
‘With regards to education, the
county is expected to establish ‘Manda University Kenya’ to specialize in health sciences and agricultural courses through partnership with Manda University Trust,’ she added.
The Governor said Fair Deal Real Estate is set to invest in affordable housing and student’s hostel construction projects to support the growing population in the county.
On the other hand, Redington, through the partnership is also expected to generate solar power that will benefit beaches, schools and hospitals not connected to the national grid in Homa Bay, which will promote employment and technology transfer.
Wanga also reiterated her administration’s commitment to transforming the lives of Homa Bay residents through critical projects.
Source: Kenya News Agency