KENYA SHIPYARDS LIMITED HOLDS BOARD RETREAT

KENYA SHIPYARDS LIMITED HOLDS BOARD RETREAT

On November 12, 2024, the Board of Directors of Kenya Shipyards Limited (KSL) convened for a retreat to review the draft KSL Strategic Plan for 2024-2027. The retreat centered on aligning the company’s vision, mission, and long-term objectives with the evolving needs of the maritime and shipbuilding sectors.

As part of government requirements, all Ministries, Departments, and Agencies (MDAs) are required to implement a Strategic Plan to guide the organization’s goals and objectives. As a Semi-Autonomous Government Agency (SAGA), KSL is to develop its Strategic Plan following National Treasury guidelines.

In his opening remarks, Commander Kenya Army, Lieutenant General David Tarus, emphasized the strategic plan as essential for monitoring program implementation, efficient resource use, and aligning priorities with expected outcomes. He highlighted that the plan forms the foundation for budgeting and is crucial to fulfilling performance contract commitments. He encouraged the Board to actively support the Strategic Plan’s implementation, foster a supportive environment, and mobilize necessary resources.

KSL Managing Director Major General Said Farah expressed appreciation for government partnerships, underscoring their importance in achieving broader economic and infrastructure goals.

During the retreat, the Board reviewed key initiatives aimed at driving KSL’s growth and development over the next four years, aligning the company’s goals with national economic priorities and industry best practices.

Discussions also covered the feasibility of proposed projects, resource allocation, and performance targets to ensure effective implementation.

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