The Kenya Meat Commission (KMC) faces bankruptcy and there is a need for a capital injection from the private sector to make it stay afloat.
Agriculture Cabinet Secretary Mwangi Kiunjuri says the government is considering fast-tracking the privatization process for the abattoir.
The government says privatization is the best way to save the KMC from insolvency.
CS Kiunjuri says his ministry will next week form a task force to kick start the privatization process that would be spearheaded by the privatization commission.
Kiunjuri says the government cannot sustain the loss-making abattoir and there is a need for an injection of additional capital to bring the KMC back to profitability and protect thousands of jobs supported by the facility.