- The county now targets key investments to turn around its fortunes and bolster its revenue base.
- Road infrastructure has also improved with the building of two interchanges along Nairobi-Nakuru-Eldoret highway.
- Nakuru hosts Africa’s largest geothermal power plants in Olkaria, and Menengai.
Once a vibrant, bustling industrial hub, Nakuru town has, in the past two decades, witnessed a growing trend of grand exits of industrial investors.
But since the onset of devolution, the town has slowly risen again with improved infrastructure and more private investments and now aspires to restore its lost glory of being an industrial town.
The county now targets key investments to turn around its fortunes and bolster its revenue base as it nears attaining a city status.
The county is banking on its first international investors’ conference that will be held between November 29 and December 1 to revive and establish new industries in both Nakuru and Naivasha towns which have since grown in leaps and bounds.
The conference, according to Governor Lee Kinyanjui, will involve international and local investors and players from across all sectors as the county showcases the investment opportunities it has to offer.
The key projects to be highlighted in the conference are the Oserian Industrial Park, Kengen Textile City Park, Lord Egerton Agri-City, Kabarak University Smart City and B2B meetings with local companies.
Other opportunities will include direct use of steam from Menengai and Olkaria geothermal plants.
The county has been working to attract investors and one industry which appears to have heeded this call is the hospitality sector.
Modern new hotels and resorts have been constructed in the past few years.
Road infrastructure has also improved with the building of two interchanges along the Nairobi-Nakuru-Eldoret highway which are set to spruce up the face of Nakuru town.
The interchanges at Nyahururu and Njoro turnoffs are complete and are set to be launched by President Uhuru Kenyatta early 2019.