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- Tanzania Signs $35 Million Deal for Jangwani Bridge Project Construction
- Multi-Billion Road Project Set to Boost Thika’s Industrial and Economic Prospects
- Tanzania's New $5 Billion Administrative Capital: Magufuli City Underway
- Construction Begins on Tanzania's Multibillion 22-Storey Twin Towers in Nairobi
- 2024-25 Budget Speech Highlights the Growth and Priorities of Tanzania's Construction Sector
- More Than 19 Companies To Represent 'Saudi Made' At BUILDEXPO Africa 2024
- Record breaking figures at Kenya's biggest construction trade exhibition
- Kenya Unveils $2 Billion Plan for New Nairobi Airport Project amid Growing Pressure on JKIA
- Tanzania Gives Go-Ahead to Massive Sh80.85 Billion Mbamba Bay Port Construction Project
Kenya's affordable housing project to add 300,000 additional units
China and Qatar have agreed to construct 300,000 affordable houses in Kenya under the program of Big Four agenda led by President Uhuru Kenyatta. Transport and Infrastructure Cabinet Secretary James Macharia confirmed the report and said that the two Qatari firms will construct 200,000 houses while Chinese multinational firm will construct remaining 100,000 houses in Kenya.
Mr Macharia also said that the government has already approached the investors for funding, keeping in mind that the Big Four agenda which aims to construct 500,000 affordable houses has to be completed by 2022. Housing units are being divided into specific types under the Big four agenda. A social housing costing a maximum of USD 6000, a bedsitter housing costing a maximum of USD 8000, a two bedroom for USD 10,000, and a three-bedroom would be costing around USD 20,000. Macharia also mentioned that the project will heavily depend on domestic resource mobilization.
In addition to that the Cabinet Secretary also held a talk with Qatari Prime minister Abdullah bin Nasser bin Khalifa Al Thani and Jassim bin Saif Al Sulaiti, Transport and Communication Minister, Qatar to improve the cooperation between the two countries. He emphasized the fact that Kenya will continue to work with China together with neighbouring countries to have a seamless experience in the construction and securing resources to have the most positive impact in the lives of Kenyan people.
Posted on : 27 Jul,2019
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