Homa Bay County International Investment Conference 2024.
Homa Bay County Government in collaboration with key stakeholders, hosted the 2nd Homa Bay County International Investment Conference (HOBIIC), bringing together over 100 active investors under the theme “Unlocking the Bay of Endless Potential”.
Hosted by Her Excellency Gladys Wanga, Governor for Homa Bay County, and His Excellency the president of the republic of Kenya, William Ruto the event gathered over 2,000 local and international delegates from National governments, County governments and the private sector. The objective of the conference was to showcase investment opportunities available in the diverse sectors of the County, open up the county for sustainable wealth creation, position the county as a tourist destination and lay a foundation for long term engagement between the public and the private sector.
The UN SDG Partnership platform was invited to give insights on unlocking private capital for the health sector through sharing experiences of projects and successful Investable PPP models that Homabay County can adopt.
While discussing in the health sector break away panel, Ms. Peris Njibu emphasized how Public Private collaboration strategies opens up a wide range of partnering opportunities that Homa Bay county can leverage to increase investments. The private sector, currently contributing up to 50% of services in the sector can expand its contribution to improving health systems and health outcomes in a ready market. Homabay has an upper hand in unlocking local potential for private sector investments in areas such as local manufacturing, technology, diagnostics, and capacity building given the current leadership has provided an enabling environment for local and international developers and that the recently passed national legislations are conducive for private sector to thrive.
Generally, through the development and dissemination of the Public Private collaboration strategy 2020, Counties are well guided with structured PPP agreements through honest brokering processes. The implementation of the development impact bond on Adolescent sexual reproductive health and HIV in 10 counties was shared as a successful Innovative model that has increased access to health services for adolescent girls.
