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Kakamega County Investment and Development Agency Act, 2018 (No. 4 of 2018).

País/Territorio
Kenya
Subdivisión territorial
Kakamega
Tipo de documento
Legislación
Fecha
2018
Fuente
FAO, FAOLEX
Fuente original
Kenya Gazette Supplement No. 13 (Kakamega County Acts No. 4).
Título completo
An Act of the County Assembly of Kakamega to provide for the establishment of a legal and institutional framework for promotion and coordination of investment by the county government of Kakamega and for connected purposes.
Materia
General
Palabra clave
Desarrollo agrícola Negocios/industria/corporaciones Medidas financieras agrícolas Institución
Área geográphica
Africa, Africa Oriental
Resumen

The Act is enacted for the purpose of providing a legal and institutional framework for managing county government investments and coordinate and facilitate investments in the county. The Act establishes the Kakamega County Investment and Development Agency as a legal personality, charged with borrowing money and making investments, taking/purchasing or acquiring or disposing movable and immovable property, entering into contracts, etc. Essentially, the Agency is to make strategic investments on behalf of the County, to promote economic growth within the County. The Act further provides for a Board to administer the Agency and provides for the composition of the Board. The Agency may undertake investment ventures in partnership with other entities for the benefit of the County.

Texto completo
Inglés