KIRAITU UNVEILS THE NEW MCDIC BOARD

Governor Kiraitu Murungi has unveiled a new board for the Meru County Development and Investment Corporation (MCDIC) Kiraitu appointed Felicity Biriri as chairperson and James Mwenda Muratha and Kenneth Ntongai as board members of the investment vehicle after vetting and approval by the County Assembly of Meru. Felicity Biriri, a business consultant in Nairobi is familiar with business conception, planning and execution. She is also a board member of Kenya Pipeline Company where they handle major projects worth billions. Felicity is also a council member of Meru University of Science and Technology. Previously, she has served as council member of University of Eldoret and at various capacities at the United Nations. James Muratha has international business experience having worked in Canada for nine years. He has also been the regional CEO of Stanlib, an investment company. Currently he is the CEO of Lemarks Kenya, a wing of one of the largest real estate companies in the world. Kenneth Kinoti Ntongai is an experienced banker who has previously worked with Equity and Barclays Banks. Currently he is an enterprise banker helping microfinance institutions. He will help in the analysis of investment to be undertaken by the corporation. "The new board has a huge task to attract private investments to our county. We expect the board to spearhead upgrade of the defunct county hotel into a grade A office block, set up offices and residential estate at Angaine estate, build a five star hotel inside Meru National Park to increase the bed space," Kiraitu said. "They will also spearhead manufacturing and agroprocessing, coffee processing and setting up of special economic zone," he added. Speaking at the Governor's boardroom, Felicity promised to make Meru the hub of business in the region. " We are honoured and pleased to be part of the journey to industrialize Meru," she added.

 

 

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