NAIROBI, Oct. 3 (Xinhua) -- Kenya on Thursday said that it is seeking to mobilize 20 million U.S. dollars to operationalize a development blueprint that was jointly designed with the United Nations Conference on Trade and Development (UNCTAD).
During a consultative meeting with key partners in Nairobi, the capital of Kenya, Prime Cabinet Secretary and Cabinet Secretary Musalia Mudavadi in the Ministry of Foreign and Diaspora Affairs said that implementation of the Holistic Productive Capacities Development Program (HPCDP) will be a substantial undertaking that requires concerted effort and collaboration across sectors.
"In this regard, we appeal to our development partners to make firm financial commitments, with follow-up actions to be coordinated by the responsible department," Mudavadi said.
He noted that the HPCDP underscores the need for a long-term, multi-sectoral and programmatic approach which is essential if Kenya is to build the productive resources, entrepreneurial capacities, and institutional linkages that will enable the country to achieve sustainable economic development.
Mudavadi said that the program has five interlinked pillars consisting of economic diversification and industrialization, infrastructure and the natural environment, information and communications technology for digital transformation, private sector development and skills formation.
He insisted that the initiative will enhance value-added production, human capital and diversified economic activities that are critical to positioning Kenya on the pathway to a middle-income economy.
