Chinese Firms Line Up Billions for President Uhuru's Cheap Houses Project in Nairobi
Top Chinese companies have lined up billions of shillings for President Uhuru's cheap houses set to be built in Nairobi.
The firms are jostling for the tender worth billions of shillings for the construction of 1, 500 low-cost housing units in Nairobi’s Park Road for sale to workers.
Six Chinese companies, including Sinohydro Limited and China Road and Bridge Corporation that have previously won mega infrastructure projects like the SGR line, are among firms that will be selected by government to set up the one, two and three-bedroom houses in the first phase of President Kenyatta's affordable housing plan.
The project, which will be undertaken in the next two years, will have 105 one-bedroom units, 540 two-bedroom units and 855-three bedroom houses erected on a 7.9-acre parcel of land in Park Road estate.
The new housing units will border Park Road Primary School and Muslim Academy and will be a walking distance to the Nairobi central business district.
Documents of the contract shows that the developer will be required to set up 400 units from the commencement date of the project and will be paid 20 percent of the tender value upon completion, 40 percent upon completion of the entire units and the remaining 40 percent after the defect liability period.
The housing units will be sold to Kenyans at between Sh600,000 to Sh3 million.
“Private developers should not even be bothered by that (land, infrastructure, power and water) because we are providing all that. All we want them to do is construction,” said Housing and Urban Development Cabinet Secretary James Macharia in a past interview.
The government estimates the total cost of the housing project – which will include 800,000 houses for sale and 200,000 social housing units in the slums - at Sh2.3 trillion.
Comments (10)
Kenyans will be sorry soon with all these Chinese deals. It is just a matter of time before Kenya is owned by China.
The garage sale of Kenya has commenced, going once... gooooing twice..... sold. Chinaman’s Buildings are collapsing back n forth in China and here we are are importing mitumba smh
The should have gone with American company.
America = Good Quality
Chinese is a big NO for me. Low quality and they have no respect for Kenyans.
Do Chinese know they will never get back those loans they are dishing East, West, North, South? Some future regimes they will tell them to ask Kibaki, Uhuru & Rutto. They will tell them those were personal loans that went straight to the pockets of few individual. They should get it back from those individuals
@Godhavmercy Hollywood is owned by Chinese,some big farms in USA owned by Chinese.Everything inside yr house is 97% made from china???Usa owes Chinese more than 7 trillions $$.Australia realestate is controlled by chinese n they want to buy one of the biggest port in Victoria state??So be fair when ur comparing who owns n is controlled by Chinese.Chinese are everywhere n if they win housing tenders n deliver then it’s bizness?I saw the Kenyans who leave in majuu praising USA when they heard they will b given tender ya Mombasa expressway construction??U guys didn’t talk shit the way u do when u hear Chinese have won tenders???Lets grow up when commenting n let’s not take or lean on one side.Cheers
U kidding right? There’s 0 comparison between Ching Chong and Uncle Sam. Yankees’ arrogance and vices are still superior to chinos best any day. Facts Get a grip bob
Why are Chinese so desperate to get government contracts in Kenya?
Very desperate🤔
They don’t care about Kenyans. They just want money.
Hurray more money for the Chinese,Why can you give local contractors those contracts??
These fellows will own Kenya if we don't get our priorities right!
Why are giving Chinese contracts for this project? Ruto a lone can give the Government this loan. Ok, Ruto, Kenyatta, Sonic, Ex NRB Governor, Waiguru have a few trillions that they can loan the Gov for a small interest after all, they will still keep the income from these houses.
OH, ONE BIG QUESTION. HOW ARE THESE HOUSES GOING TO BE SOLD? I BET THEY WILL BE BOUGHT BY THE SAME CORRUPT BIG PEOPLE THROUGH SHADDY DEALS, THROUGH RELATIVES OR STAGED POOR PEOPLE WHO WOULD GIVE BACK THE HOUSES TO THE CORRUPT
Who needs the other Kenyans or Chinese? let's mature up. The British were here for close to 100 yrs,how come they left us miserably poor & ignorant? when Chinese come to remove you from the slums we are living in, we grumble, Chinese are colonising us. nonsense!Africans are not to help themselves because we don't have the know-how.For now we should shut up & embrace the Chinese assistance.