Chinese, Qatari companies to construct 300,000 affordable housing units in Kenya
The government of Kenya has secured a commitment from multinational companies in China and Qatar to construct over 300,000 affordable housing units as part of the government’s Big Four Agenda spearheaded by President Uhuru Kenyatta.
Transport and Infrastructure Cabinet Secretary James Macharia who visited the two countries said two Qatari firms have committed to construct 200,000 houses while a Chinese multinational will build at least 100,000.
“The government is in talks with the investors and the investment will go a long way towards achieving the Big Four Agenda on housing which aims to construct 500,000 affordable houses across the country by 2022,” said Mr. Macharia.
The Cabinet Secretary held talks with Qatari Prime Minister Abdullah bin Nasser bin Khalifa Al Thani and the country’s Transport and Communications minister Jassim bin Saif Al Sulaiti on ways to improve cooperation between the two countries.
Cs Macharia also urged Chinese investors to dedicate more resources to Africa when he attended the Beijing Forum for China-Africa Cooperation (FOCAC) in Beijing. “We will continue working with China together with our neighbors to implement seamless infrastructure projects that will improve the lives of our people,” added the Minister.
“Kenya has realized transformative infrastructure projects by working with neighbours to implement seamless transport networks. We plan to continue working with China and other partners on world-class projects,” he said.