Ugunja Municipality: A Strategic Pathway to Becoming Investor-Ready
Ugunja Municipality has embarked on a journey to prepare a comprehensive strategic plan aimed at making the town more attractive to investors. This initiative was highlighted during a presentation by Tembea Future Institute (TeFI) held earlier today at Tranquil Nest Hotel, where the Ugunja Municipal Board and TeFI officially launched the planning process.
According to Maurice Olunga, an innovation accelerator from TeFI, the partnership between TeFI and Ugunja Municipality is designed to position the town as “investor-ready.”
“If you want investors to come to you, you must be prepared. A strategic plan is crucial, it identifies the unique opportunities that investors may be interested in and provides a roadmap for engagement,” said Mr. Olunga.
He added that through a MoU partnership framework with the Ugunja Municipal Board, TeFI has these three key deliverables:
- A Municipal Business Council to strengthen collaboration between the public and private sectors.
- A Municipal Project Bank to catalog and showcase potential investment opportunities.
- A Municipal Innovation Hub to foster creativity and entrepreneurship.
Planning consultant Elija Abonyo emphasized the importance of a well-defined strategy for Ugunja:
“The plan must include cost estimates so the board knows how much their initiatives will require. It also serves as a tool for mobilizing resources whether from government allocations or external investors,” he said.
Echoing these sentiments, Municipal Manager Fredrick Opondo, speaking on behalf of the board, expressed optimism about the process.
“We are delighted to work with our partners to ensure a strategic plan is not only prepared but implemented effectively. Before publication, we will involve the public to ensure inclusivity,” he stated.
The strategic plan, expected to be completed by December, will guide Ugunja’s development agenda for the next five years and is scheduled for implementation from 2026 to 2031.
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