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Kenya, UNOPS secure affordable housing deal

Samuel Nyongesa by Samuel Nyongesa
September 27, 2018
in Business, Chronicle, West FM News
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President Kenyatta witnessed the signing of a deal to deliver 100,000 affordable housing units to Kenyans between UNOPS and the Kenyan government. (PHOTO/PSCU)

President Kenyatta witnessed the signing of a deal to deliver 100,000 affordable housing units to Kenyans between UNOPS and the Kenyan government. (PHOTO/PSCU)

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President Uhuru Kenyatta’s Big Four Agenda project got a huge boost after a deal was signed on the sidelines of the UN General Assembly between the government of Kenya and UNOPS (United Nations Office for Project Services) to deliver 100,000 affordable housing units to Kenyans, with the affordable housing program the intended direct beneficiary. President Kenyatta said he is confident his administration will be able to deliver on the housing commitment without putting undue pressure on the exchequer.

He further stated they are focusing on finance and investment frameworks, “that will unlock private sector financing for this program and we believe that we will be able to utilize our labour and create 3 to 5 direct jobs and up to 8 indirect jobs per unit we build,” he stated.

The UNOPS Executive Director Grete Faremo said ensuring people have an adequate and sanitary place to call home is a prerequisite for enhancing social and economic opportunities and stimulating economic growth and development. “We are proud to be working with the government of Kenya to facilitate new kinds of investment in Kenya’s affordable housing sector and to help make its housing priorities a reality,” she said.

 

 

 

 

Tags: affordable housingpresident kenyattaUNOPS
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