The Korea Overseas Infrastructure and Urban Development Corporation African roadshow in Nairobi on December 10 was revealing and an eye-opener to African policymakers. KIND, as a Korean SOE, and Team Korea’s leader is owned by another nine Korean SOEs. So, who are these Korean SOEs minting money in the lucrative PPP market and who are their counterparts in Kenya? On top of the list is Korea Land and Housing Corporation responsible for the development of land in cities, and the maintenance and management of land and housing. LH was established to improve the quality of life and develop the national economy by creating stable housing for the citizens and efficiently utilize national land.

Source: The Star December 31, 2019 00:56 UTC