Trade committee rejects proposal to relocate Rivatex, proposes opening branch in Naivasha
The National Assembly’s Trade and Cooperative Committee has rejected a proposal by the State Department of Industry to move textile company, Rivatex, from Eldoret to Naivasha.
The committee has however proposed that the State Department work towards opening a branch of the company in Naivasha as part of its expansion program.
“Your proposal to move Rivatex to Naivasha is unacceptable. We want to see proposals by the department on expansion of the company and opening its branch in Naivasha and other towns,” Marianne Kitanny, Vice Chair of the committee said.
The proposal to relocate Rivatex from Eldoret to Naivasha was presented to the committee by Mukhwana Eusebius, PS for the State Department for Industry. He promised to bring the committee’s concerns to the CS’s attention and take appropriate measures in the event that the plan was rejected.
The PS for the State Department of Investment Promotion, Abubakar Hassan, informed the committee that budget cuts in the three state departments were likely to hinder the achievement of their targets.
Additionally, he urged the Trade Committee to take into account funding for the Export Processing Zone and the Special Economic Zone, which both need funding and are currently subject to budget cuts.
As he presided over the meeting for the supplementary budget estimates, James Mwangi Gakuya, Chair of the Committee, underlined how crucial it is to make sure that government-owned businesses prosper and make a profit.
The Trade and Cooperative Committee will engage the State Departments for MSMES and Cooperatives on February 9, 2023.