kenya's vision 2030

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Kenya’s Vision 2030 kpmg.com/insightmagazine #inframorality

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Page 1: Kenya's Vision 2030

Kenya’s Vision 2030

kpmg.com/insightmagazine

#inframorality

Page 2: Kenya's Vision 2030

Kenya is enjoying strong growth and significant improvements in quality of life

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 3: Kenya's Vision 2030

Driving this growth and development is Kenya’s Vision 2030, a long-term development plan for the country

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 4: Kenya's Vision 2030

The need for vision“We recognized that we really needed a long-term view

of how we planned to improve the quality of life for all

Kenyans, and in particular the poor, and that led us to

develop Kenya’s Vision 2030.”

Professor Gituro Wainaina,

Acting Director General of Kenya’s

Vision 2030 Delivery Secretariat

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 5: Kenya's Vision 2030

economic social political

A transformative planThe plan is based on three pillars:

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 6: Kenya's Vision 2030

economic

The economic pillar aims to achieve and sustain an average

economic growth rate of 10% per annum

until 2030

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 7: Kenya's Vision 2030

social

The social pillar seeks to build a just and cohesive society

with social equity

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 8: Kenya's Vision 2030

political

The political pillar aims to realize a democratic political system

founded on issue-based politics that respects the

rule of law, and protects the rights and freedoms

of every individual in Kenyan society

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 9: Kenya's Vision 2030

If we want to…

improve access to

healthcare

improve tourism

create new business

opportunities

Infrastructure at the core

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 10: Kenya's Vision 2030

If we want to…

improve access to

healthcare

improve tourism

create new business

opportunities

Infrastructure at the core

we need to…

build roads that can

take people to hospitals

we need to improve our

ports and airports

invest more in our Information

and Communication

Technology infrastructure

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 11: Kenya's Vision 2030

“Infrastructure is the foundation of the three pillars in our Vision 2030.”

economic social political

Professor Wainaina

Infrastructure© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 12: Kenya's Vision 2030

Aligning politics with long-term visionAll of Kenya’s main parties base their platforms on the

Vision 2030 plan

“We work with them during their campaigns

to help them understand the implications of

their ideas on the Vision and the long-term

development goals we have set.”

Professor Wainaina

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 13: Kenya's Vision 2030

Improving the investment climateLike all governments around the world, there are limits

on how much of Kenya’s infrastructure can be funded

from the public purse

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 14: Kenya's Vision 2030

Public-private partnerships are helping to meet this gap

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 15: Kenya's Vision 2030

Kenya has already enjoyed some success in key areas...

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 16: Kenya's Vision 2030

New 50-kilometer eight-lane controlled-access highway built between Nairobi and Thika, linking several towns to the capital’s North East

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 17: Kenya's Vision 2030

Investments into renewable power and the ‘last mile initiative’ have seen electricity rates fall by 42%

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 18: Kenya's Vision 2030

And dredging at the Port of Mombasa has reduced ship turn-around times from 18 days to just 2 days

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 19: Kenya's Vision 2030

ALL SIGNS

INDICATE

THAT THE

HARD WORK

IS STARTING

TO PAY OFF

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 20: Kenya's Vision 2030

“Once you come to Kenya you won’t want to leave.”

Kenya is already enjoying benefits from the Vision,

attracting dozens of global businesses who have

made Kenya their headquarters for Africa.

But one warning…

Professor Wainaina

© 2016 KPMG International Cooperative (“KPMG International”). KPMG International provides no client

services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.kpmg.com/insightmagazine / #inframorality

Page 21: Kenya's Vision 2030

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