brMr Speaker, we will continue to improve the environment for businesses to thrive, deal decisively with corruption and address the governance and performance challenges at our parastatals and State-linked companies, as well as improve efficiency in our financial sector.
Manufacturing brMr Speaker, on manufacturing, we plan to increase the contribution of the manufacturing sector to GDP to 15 percent by 2022 by adding between US Dollar 2 to 3 billion to our GDP.
brMr Speaker, in order to reduce the cost of production for our manufacturers we have cut the cost of off-peak power by half and we plan to implement modalities of bringing the cost of energy to about US cents 9 per kilowatt hour for selected investors.
Affordable Housing brMr Speaker, access to adequate and affordable housing remains a key concern in Kenya.
Customs Measures brMr. Speaker, during the East African Community (EAC) Pre-Budget Consultations meetings, we agreed on Customs duties aimed at promoting industrialization, encouraging local investments, and creating incentives in the agricultural and manufacturing sectors.
brMr. Speaker, our iron and steel industry is facing stiff competition from imported cheap and subsidized iron and steel products.
brMr. Speaker, in view of the increasing cases of cancer related deaths, early screening and management is imperative.
brMr. Speaker, to support generation of adequate and affordable energy, I have allocated, Ksh 12.7 billion to support the exploration of geothermal, wind and solar resources, and Ksh 4.