Busia Governor, HE Sospeter Ojaamong has urged the business fraternity to take advantage of the inaugural Open Day-cum- Busia Business Of the Year Gala Award 2020 (Busia BOYA 2020) scheduled for Friday 5th, 2021.
He said the Open Day at Busia Vocational Training Centre will see small and large scale traders showcase their products on various investment opportunities in the county.
The exhibitions will be followed by site visits to Busia Sugar Industry, Alupe University and Cross Border Fish Market.
The County Government of Busia, Kenya National Chamber of Commerce and Industry (KNCCI) and the National Government have partnered to co-sponsor the event.
Ojaamong said the investment conference in Busia has realized many investors including Busia Sugar Industry and Olepito Sugar Factory which have created employment directly and indirectly.
“Hotel industry is also very vibrant with high bed capacity in the region. This with many others including milling, bakery, fueling stations have raised the profile of the county.
The Governor said Busia was among the first counties to introduce the Cooperative Enterprise Fund for Small and Medium scale traders, adding that he will sign a memorandum of understanding with the Chamber mandating it to source for donor funding for small scale traders at lower interest rates.
He lauded the KNCCI Busia chapter for boosting traders by offering them soft loans and capacity building to upcoming traders, and above all network with local and external donors on matters imports and exports for local traders.