The government of Kenya is set to provide 2000 affordable housing in line with its economic blueprint known as the Big Four agenda.
Mr. John Zeyun Yang CEO of Erdemann Property Limited (EPL) a construction engineering company working with the government on the projects said that the housing units targets citizens of middle to low income earners. Additionally the CEO said that the houses will be strategically located across the country.
“Promoting and working with the government will see to it that President Uhuru Kenyatta’s big four agenda for affordable housing is attained. EPL started its operations here in Kenya in 1997 and has managed to put up over 4000 units within and outside Nairobi,” said Mr. John Zeyun Yang.
As a move to encourage partnership with private developers, the government of Kenya has also undertaken land swaps and availed public land for development. Land swap involves the transfer of public land to private developers in exchange for an equal value land but far more suitable for development.
In January, this year, 35 firms were shortlisted by the Housing and Urban Development Ministry. These firms will partner with the government in achieving the 1 million affordable homes target at a cost of US 26bn. Some of these houses include a 55-acre piece of land in Mavoko at its pilot phase, Athi River and Kitengela housing projects and many more locations across the country. The Big Four Agenda also consists of growth of security, affordable healthcare and manufacturing.