ICDC bets on Bill to grow investment by Sh2 billion

ICDC Chairman Francis Kimemia said the Bill will focus on the corporation’s business in the counties in the coming years. PHOTO: COURTESY

The Industrial and Commercial Development Corporation (ICDC) is hoping to invest Sh2 billion more annually to boost the economy.

The State-owned development finance institution is banking on the passing of a Bill that proposes to revise the ICDC Act to allocate it between 0.1 to 0.2 per cent of the country’s revenues each year.