Housing and Infrastructure CS James Macharia (Center)Nairobi, Kenya: President Uhuru Kenyatta has underscored the importance of the housing and construction sector in the post-COVID -19 recovery plans. “The construction sector can therefore be targeted to lead the rebound in the broader economy. Economic history teaches us that the construction sector, including housing construction, has been very effective in driving economic recovery. Housing construction provides excellent opportunities for job creation,” Uhuru said, adding that while the construction sector requires significant capital, record-low interest rates have made the cost of financing construction projects remarkably affordable. Kenya is hosting Shelter Afrique’s 39th Annual General Meeting (AGM) (on September 17th) and annual housing symposium (September 15th).

Source: Standard Digital September 15, 2020 14:26 UTC