The Lower Eastern Times Opening The Third Eye
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President William Ruto has arrived in Homa Bay to officiate the county government’s second investment conference.
Governor Gladys Wanga warmly welcomed the president as the county aims to attract potential investors during this significant event. Notable attendees include numerous investors and key figures from the banking sector.
The three-day conference aims to entice both local and international investors to explore the investment opportunities available within the county.
During his visit, Ruto will also assess several ongoing projects, including the construction of 110 affordable housing units in Homa Bay town, as well as the renovation of Homa Bay and Kendu Bay piers, and the establishment of a fish market in the town.
Speaking during a site inspection at Tom Mboya University on Monday, Governor Wanga emphasized the mutual benefits that investment opportunities would bring to both investors and residents if effectively utilized.
Wanga highlighted her administration’s efforts to facilitate large-scale production of edible oil, with expectations that the revitalization of cotton production will significantly contribute to wealth creation in the county.
Moreover, she emphasized the potential of the blue economy, particularly utilizing Lake Victoria and other water bodies in the region to foster economic growth.
With Homa Bay owning a substantial portion of Lake Victoria’s water cover, Wanga emphasized the lucrative investment prospects in blue economy activities.
She underscored the county’s rich tourism potential, including attractions such as Ruma National Park, Rusinga Island, Lake Simbi Nyaima, and Gor Mahia Shrine, urging investors to consider Homa Bay for investment opportunities.
Wanga also called upon residents to embrace and welcome potential investors, emphasizing Homa Bay’s strategic location, favorable agro-climatic conditions, and a burgeoning population as compelling reasons for investment consideration.
