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Maritime authority launches strategic plan

BUSINESS NEWS
By Kenneth Kwama | June 22nd 2015

The Kenya Maritime Authority (KMA) has launched a strategic plan to guide implementation of the regulator's actions over the next five years.

The plan, whose implementation is now in its second year, also specifies ways to strengthen maritime security, generation and utilisation of research and development results in the maritime policy formulation.

Outgoing KMA Director General, Nancy Karigithu noted that the maritime sector like all the other sectors in the economy was faced with numerous challenges, including insecurity.

The sector, Karigithu noted, also suffered during the global economic depression, which affected economic activities through out the world a few years back. ''This strategic plan review will require about Sh1.8 billion with Sh600 million needed in the first year."

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