How MKU Taken Over Thika's Economy.
Thika Town has over the years been establishing an economy
of its own that included an element of competition, level of ambition and
innovation. Previously trademarked as an industrial hub and rightfully referred
to as the Birmingham of Kenya, small, medium and large-sized businesses have
over time made the most of the area’s entrepreneurial spirit, driving jobs
creation and attracting inward investment.
One area that Thika Town is beating all odds is in the
education sector. The town boasts of numerous and very successful learning
institutions right from the kindergarten to the tertiary level. The growth of a
simple venture such as Thika Institute of Technology (TIT) into a multi-billion
investment package that is now Mount Kenya University (MKU) has inspired so
many people into this sector.
MKU can be rightfully described as the heart that pumped new
life into this town. Any resident will tell you of the numerous new hotels,
restaurants, bars, and so on that have literally brought back this town to
life. A few years ago so many people were considering pulling out of the region
because business was never promising.
Areas around the institution’s main campus and its
subsidiaries have evolved into major economic hubs with financial benefits
being felt on the ground within households and businesses surrounding them. The
university’s investment in the local community has gone deeper than stimulating
economic growth.
They seem to have studied and understood that a thriving
community environments positively impact the marketability of their
institutions as places to work, study and invest. By this, they have made great
efforts in infrastructure development projects, civic service outreach,
participating community education initiatives and creating incentive programs
that have encouraged local spending and investment by the thousands of people
that universities employ.
Developers have rushed to create commercial, residential and
mixed-use developments on all the empty sites especially in areas surrounding
MKU. The value of land has consequently appreciated. Due to the effect of the
infrastructural developments by the institution, security around has been
enhanced, attracting commercial developments such as hostels and residential
houses. Landlords have seen income increase in terms of student and houses for
the employees of the institution. Currently MKU has a student population of
about 9000 and a workforce of 3000 people.
Small and medium-sized businesses in this locality have
flourished and created numerous new jobs. MKU has been able to attract numerous
banks and other financial institutions who have taken advantage of the large
number of people being served by this institution, coming out as a great source
of economic power more important than heretofore credited.
Take for instance, life in the once quiet Ziwani Estate, the
dormant Ofafa, Starehe and Jamuhuri Estates, the once forgotten Pilot Estate
and YMCA area has really experienced some massive transformation and evolution.
The once poorly stocked kiosks are now well stocked due to availability or
ready and guaranteed clientele. Roadside fruits and juice vendors, mtumba
sellers, food & snacks joints, cyber cafes, M-PESA shops etcetera have become
the landmark feature within these areas.
New flats and hostels have sprouted especially between Thika
High School and Thika Medical Training Institute (Formerly Trikha Girls) and
near YMCA, creating a great source of income to the landlords, the construction
industry as well as the mama mbogas.
The transport business has strived with PSV matatu,
bodaboda, tuktuk and taxi operators reaping the sweet fruits of the boom. The
students have also livened up the entertainment industry in the town since they
are regulars at entertainment joints every other day.
The university has also partnered with various institutions, commercial entities and government entities to provide the much needed services that support the economic growth of this region. MKU partnered with Thika Level 5 Hospital in upgrading the hospital’s Human Anatomy facility and assisted in offering impressive service delivery to the people of Thika and the greater Kiambu-Murang’a region through public-private partnership.
The university has also partnered with various institutions, commercial entities and government entities to provide the much needed services that support the economic growth of this region. MKU partnered with Thika Level 5 Hospital in upgrading the hospital’s Human Anatomy facility and assisted in offering impressive service delivery to the people of Thika and the greater Kiambu-Murang’a region through public-private partnership.
Another important role that MKU have played in stimulating
the economy is by providing support for local employers as they learn and grow.
They have also partnered with companies like Bidco Africa through their
industrial academic linkages programme where, together, they develop a
curriculum that ensures that manufacturers get enough and all-round workforce.
This partnership also entails doing research on market trends, innovations as
well as having students work as interns in the relevant fields. As a result,
they have managed to create job opportunities to so many young people in the
area.
There is a persistent correlation between educational
attainment and economic growth on both local and national level. Individuals
with degrees have greater earning power and, perhaps more significantly, income
levels overall are higher in populations with higher education levels. Their
school-based and e-learning programmes has seen over 70,000 graduates into the
job market. This has seen MKU graduates saturate almost all sectors of the
region’s economy.
Their corporate social investments has played a crucial role
in supporting the populace through continuing and adult education. New delivery
methods such as online learning have made it easier for the local people to go
back to school to get the degree they never earned, or pursue more education in
order to advance in their present careers. These programs have opened up
extraordinary economic opportunities for countless individuals.
Business clinics and free public lectures have also equipped
the locals to adapt to the market treads. Through business incubation
programmes, exposing the general public to innovations through lectures as well
as linkages to financial institutions to start-ups, MKU has played their part
in transforming the lives of individuals and shape the society for the better
by bringing innovative technologies into the market.
All in all, the general contribution of MKU to the local and
national economy can never be underestimated.
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