President William Ruto has disclosed that Kenya has secured substantial investment deals totaling Ksh12.8 billion from various stakeholders.

Speaking in West Pokot County during the inauguration of the Cemtech Limited Clinker Plant, President Ruto revealed a Ksh4.5 billion investment in fluorspar mining operations, highlighting the potential for local utilization or export in diverse industries.

“West Pokot is a county for mining, and this will not be the only factory; we are building many more,” emphasized President Ruto, underscoring the county’s mining potential. Additionally, he announced a Ksh5.8 billion investment in a gold refinery in Kakamega County, spurred by the discovery of gold deposits in Siaya County valued at Ksh1 trillion.

In Vihiga County, another investor pledged Ksh2.5 billion to establish a granite factory, emphasizing the material’s versatility in construction and design.

The Head of State reiterated his commitment to enhancing Kenya’s mining sector to harness the country’s mineral wealth for economic growth and job creation.

“We must utilize our resources to eradicate poverty, hunger, and create employment for our youth,” affirmed President Ruto, outlining the government’s strategy to boost exports and revenues through industrial development.

The President also highlighted plans to establish six additional special economic zones nationwide to further bolster manufacturing and reduce import dependency.