Sharp Daily
No Result
View All Result
Saturday, January 17, 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

Investments

Mobile Money Meets the Stock Market

January 16, 2026
Analysis

Self-Insurance by Another Name: The Rise of Investment Based Risk Management

January 9, 2026
Analysis

Kenya Faces Sh45 billion blow as Trump withdraws US from 66 global organizations – Impact on Nairobi’s UN hub

January 9, 2026
Analysis

KPC NSE listing set to open state-owned energy giant to public investors

January 6, 2026
Analysis

CBK reopens 25-year bonds, investors lock in high yields

January 5, 2026
Economy

Diageo, Vodafone exit and the quiet unravelling of Britain’s corporate hold on Kenya

December 30, 2025

LATEST STORIES

Unit Trusts: Investment Vehicles or Just Sophisticated Savings?

January 16, 2026

Kenya Must Shift From Reactive Drought Aid to Proactive Prevention to End the Cycle of Crisis

January 16, 2026

Building Up, Not Out: The Economic Trade-Offs of High-Rise Housing

January 16, 2026

The Economics of East African Integration: Progress, Frictions, and the Road Ahead

January 16, 2026

Influencers, Social Media, and the New Economics of Business Growth

January 16, 2026

Investment Laws and Their Impact on Foreign Direct Investment in Kenya

January 16, 2026

Mobile Money Meets the Stock Market

January 16, 2026

Kenya’s Current Account Deficit: Risks, Realities, and Economic Opportunities

January 16, 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