The Government will fund infrastructure projects in Nairobi's Upper Hill area, to enable it become the financial capital of East Africa.
A tender for the area's first-class road network design has already been awarded, the head of Civil Service Francis Muthaura, revealed on Friday evening.
"Plans for a public service road and rail network rehabilitation are at an advanced stage, and as we do this, we seek more housing facilities in the area," he said.
He added that there is special attention to Upper Hill because of its strategic position in the city, the reason why many corporate bodies are moving to the area. There are also several government incentives for projects in the housing sector, he said.
For example, importation of building materials, fittings and accessories, which are duty free for projects that boost the tourism industry.
Mr Muthaura was speaking during the official opening of Kamake Gardens Apartments, a 62-bed ultra modern service apartment along Mawenzi Road.
The apartment targets relocating personnel, company executives, diplomats and other high-end clients. It is developed by real estate magnate, Christopher Mwaura.
However, Mr Muthaura urged developers to also target lower and middle income earners as the government's effort to provide housing to middle and low class cadres is below capacity.
The government has a target to build 150,000 housing units every year but currently manages around 35,000 units, which is 77 per cent below target.
Housing, he said, is part of the government's way to boost the economy. Also present were Roads assistant minister, Mr Lewis Nguyai and Nairobi PC, Mr Njoroge Ndirangu.
Source: Breaking News, Kenya
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