Sunday, May 10, 2015

Benefits of investing in agricultural land for sale Kenya

Agriculture in Kenya dominates Kenya’s economy. Approximately 15-17% of Kenya’s total land area has sufficient fertility and rainfall to get farmed. 7-8% of such can be grouped as top class land. Kenya happens to be the leading producer of coffee and tea and not to mention the third largest exporter of fresh produce such as cabbages, onions and mangoes. Small farms grow much of the corn and also produce potatoes, bananas and peas. Despite all of these produce and of course the favorable weather conditions, about a 50% Kenya’s total agricultural output is subsistence production, meaning that it is produced for consumption. This means the agricultural sector in Kenya is certainly not reaping its maximum potential. It means that serious investors need to come into the agricultural sector and invest in agricultural land for sale Kenya.

Investors in farming and agricultural activities have the ability to reap benefits that accompany Kenya’s bilateral ties numerous other nations all over the planet. These include reduced taxes in farm products and easy policies enabling investors from Kenya to comfortably access other foreign markets. Thus investors are in a position to getting readily available huge markets for their produce.
Agricultural sector is the largest contributor to Kenya’s Gross Domestic Product (GDP). In 2005, Agriculture, including forestry and fishing accounted for about 24% of the very GDP as well as for 18% of wage employment. It further collected 50% of revenues from exports. Government being aware of the impact of the agricultural sector on the economy has continued to provide necessary support to large scale widespread farmers everywhere. Government offers reduced prices on seeds and also avails ready market for certain commodities like sugar cane, coffee and tea. Investors can take pleasure in these incentives to immensely cut back on the cost of production and in its place maximize profits.
Accessibility of roads is an additional advantage of putting money in/spending money in agricultural land for sale Kenya. The government has performed and goes on to do a good job in the development of infrastructure hence linking roads from the urban areas towards the rural areas. This facilitates a fairly easy and quick transportation of goods and services from one particular area to another. This means an investor can even import labor from a particular area to another. The ease of transport also ensures that fragile goods like eggs do not undergo unnecessary breakages mainly because of bad roads. Good infrastructure also means that extra public service vehicles could well ply different roots and one can opt for alternative means of transport like train, depending on the cost.
Investors hoping to spend money on agricultural land for sale Kenya are guaranteed of cheap and skilled labor. A survey shows that by 2006, almost 60% of working Kenyans earned their living by farming, when compared with 80% in 1980. This is a clear indication that majority of Kenyans are well conversant with farming as a way of life. Unemployment rate in the nation also guarantees an investor of getting cheap and skilled crafts.

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