Kenya Urges Diaspora Investment in Housing Program.
Kenya's Housing Secretary Charles Hinga, during his address to expatriates in Cairo, called on citizens living abroad to invest in the country's Affordable Housing Project.
"The Affordable Housing Programme offers the best investment opportunity for Kenyans in the diaspora," Hinga said at a Cairo hotel meeting.
The secretary highlighted plans to transform Kenya's slums into modern estates. He noted that 70 percent of Kenyans live in slums and cited rising land costs in Nairobi and other regions as a major challenge.
"This program will help ordinary citizens access decent homes, especially low-income earners, through social housing," Hinga said. He emphasized that home ownership would extend beyond privileged groups.
The initiative aims to fix 60-year-old housing problems. Beyond providing homes, the project promises economic growth and employment opportunities for thousands of Kenyans.
President William Ruto, who led the state visit to Egypt, reported significant progress. "We have 4,800 units on sale and 1,080 social units ready for occupation. The ongoing construction of 124,000 units has created jobs for over 250,000 youth," Ruto said.
David Obayo, a Kenyan investor in Cairo, praised Hinga's dedication to the housing program. "You have been vocal and consistent in supporting President Ruto's implementation of this project," Obayo said.
The Kenyan delegation visited Cairo's Capital Gardens City, where authorities built over one million housing units in four years.
Hinga also recognized the diaspora's economic contributions to Kenya. He encouraged them to maintain their reputation for hard work and discipline as national representatives abroad.
Kenya's Housing Secretary Charles Hinga, during his address to expatriates in Cairo, called on citizens living abroad to invest in the country's Affordable Housing Project.
"The Affordable Housing Programme offers the best investment opportunity for Kenyans in the diaspora," Hinga said at a Cairo hotel meeting.
The secretary highlighted plans to transform Kenya's slums into modern estates. He noted that 70 percent of Kenyans live in slums and cited rising land costs in Nairobi and other regions as a major challenge.
"This program will help ordinary citizens access decent homes, especially low-income earners, through social housing," Hinga said. He emphasized that home ownership would extend beyond privileged groups.
The initiative aims to fix 60-year-old housing problems. Beyond providing homes, the project promises economic growth and employment opportunities for thousands of Kenyans.
President William Ruto, who led the state visit to Egypt, reported significant progress. "We have 4,800 units on sale and 1,080 social units ready for occupation. The ongoing construction of 124,000 units has created jobs for over 250,000 youth," Ruto said.
David Obayo, a Kenyan investor in Cairo, praised Hinga's dedication to the housing program. "You have been vocal and consistent in supporting President Ruto's implementation of this project," Obayo said.
The Kenyan delegation visited Cairo's Capital Gardens City, where authorities built over one million housing units in four years.
Hinga also recognized the diaspora's economic contributions to Kenya. He encouraged them to maintain their reputation for hard work and discipline as national representatives abroad.
