Agriculture is the mainstay of Bomet County with tea farming and dairy production leading in the sector. Food crops are grown in the area with maize being the area’s staple food. Beans, Irish potatoes, millet, cabbages, onions, bananas and pineapples are grown both for subsistence and sale in the county and distant markets mainly Nairobi and various counties in the former Nyanza Province. Commercial growing of avocado and passion fruits is picking up in the county.
Tea earns the residents of the county most of their revenue. Dairy industry is also a major player in contributing to household incomes. There is a milk factory in Sotik town and several milk cooling plants spread across the county. Coffee farming is also established in areas around Bomet, Tarakwa and Ndanai. Fish and poultry rearing are also receiving attention in the county of late.
The county lies in high altitudes and is green for most parts of the year as rains are prevalent most of the months, January however is the driest month.
Trade is conducted in the urban centres of the region with a number of financial institutions offering banking and credit services to the people of the county. Micro-finance initiatives alongside government loans for the youth and women has seen an increase in trade.
The county is among the most densely populated counties in the region and thus has a large labour force concentrated around its agricultural centres. The potential for this labour force to spur agricultural production is high.
Investment opportunities abound in agriculture, hospitality and transport sectors. The close proximity of the county to the world-famous Maasai Mara Game Reserve is a major advantage to the hospitality sector. Since the county government took root, increased number of visitors to the county has spurred growth in the hotel industry in Bomet town and environs.
The County Government of Bomet has laid a lot of emphasis on improving road infrastructure making areas that were hitherto inaccessible by vehicles accessible hence more opportunities in the public transport sector. Roads in all major centers and towns in the county are now in good shape so as to attract new investments ,enhance accessibility of premises and estates. Demand for housing from county staff, the business community and people who want to settle in the serene suburbs of Sotik and Bomet towns has seen a rise in the property market.
As a county with a youthful population, ICT related colleges and services are on demand. Businesses, government institutions and schools are digitizing services and processes hence business opportunities for ICT companies that provide these solutions are limitless.
There is also room for investment in retail and wholesale businesses, hardware stores and trade in farm products. Investors both from within and without the county are taking advantage of investment incentives offered by the county government and the good investment environment that prevails in the county- good security, hospitable people, low labor costs, vast space for setting up structures, pro-investment policies set by the county and sound purchasing power of the community fueled by a fast growing middle class.