Sharp Daily
No Result
View All Result
Monday, March 30, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Investments

The Government Plans to Lease its Idle Land to Increase Food Production in the Country

Patricia Mutua by Patricia Mutua
July 4, 2023
in Investments
Reading Time: 2 mins read
Courtesy of mol.co.jp

Courtesy of mol.co.jp

The State Department for Crops Development Principal Secretary (PS), Kello Harsama, has stated that the government is prioritizing leasing out large parcels of land owned by the government under parastatals and other organizations to both local and international investors. This is meant to increase food production for both local consumption and exports through the implementation of the Land Commercial Initiative (LCI), which in turn will help bridge the food deficit in the country.

Read more: Kenya Aims to Boost Agricultural Sector, Reduce Number of Food-Insecure Kenyans by 50%

The PS highlighted the recent drought in the country as the main motivation for the LCI route. He stated that the strategy was to turn 500,000 acres out of the 2.5 million acres of idle arable held by parastatals into agricultural production to help bridge the food deficit in the country, which stood at 7.8 million bags of maize as of 2022, against the food demand in the country, which is currently estimated at 67 million bags of maize as of 2022. The government also plans the construction of over 100 mega-dams across the country to support irrigation agriculture as part of the strategy.

Read more: Kenya Offers 100 Dams to Private Investors in Water Security Initiative

RELATEDPOSTS

No Content Available

The government has prioritized Egerton University, GalanaKulalu, Bura Irrigation Scheme, Delta Irrigation Scheme, Masinga Farm, Tana Delta Irrigation Project, and Kimabere Farm in Phase 1 of the project.

Further, the government is prioritizing sustainable farming practices to ensure food security and cushion climate change shocks. The PS has echoed that agriculture is hugely vulnerable to climate change, where farmers bear the impact of irregular, insufficient, and unpredictable rainfall patterns. He also stated the importance of soil testing, which would dictate the right fertilizers, thus helping increase yields by up to 150%.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Kenya International Trade Exhibition (KITE) 2023: A Gateway to Opportunities

Next Post

Increase in Vehicle Import Duty To 35.0% Expected to Dampen Demand of Imported Cars to Kenya

Patricia Mutua

Patricia Mutua

Related Posts

Analysis

Central bank rate cuts continue to shape kenya’s economy

March 26, 2026
Business

KCB profits rise as banking sector shows strong growth

March 23, 2026
Analysis

Unilever stock slides as investors question food division spin-off strategy

March 19, 2026
Analysis

CMA ordered to pay cytonn kSh 10.5 million in landmark court ruling

March 19, 2026
Analysis

Kenya reopens bonds to raise kSh 60 billion

March 18, 2026
Analysis

Kenya pipeline IPO signals revival of capital markets

March 17, 2026

LATEST STORIES

How urbanization affects Nairobi’s property market

March 29, 2026

The role of institutional investors in financial markets

March 29, 2026
1049795356

Proposed Pension Reforms to Enhance Growth and Member Protection

March 27, 2026

The Rise of Oil Hoarding in Modern Energy Markets

March 27, 2026

The Global Gold Rush: Why Central Banks Are Rebuilding Gold Reserves in a Fragmenting Monetary System

March 27, 2026

NCBA Group’s profits up by 7.0% amid steady earnings growth

March 27, 2026

Kenya’s shift to USB-C: what the new charger rules mean for consumers and the mobile market

March 27, 2026

Crypto firms eye Kenya as regulation drives new market interest

March 27, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024