The World Bank has urged State to support private developers. [File, Standard]In summary Global lender urges State to provide conducive environment to the private actors willing to provide affordable housing under the Big Four agendaThe World Bank has asked the Government to offer a conducive business environment to private developers for the dream of providing affordable housing to be realised. “The Big 4 is unlikely to be achieved without the participation of a dynamic and healthy private sector. Indeed, whether it is improving agricultural sector productivity, increasing manufactured exports, building affordable housing units or providing quality health services, the private sector can and should play an outsized role. ALSO READ: Zimbabwe in tight timeline to repay arrears, seek more fundingThe World Bank sees this trend as a key obstacle to the provision of affordable housing in Kenya.

Source: Standard Digital April 26, 2018 07:30 UTC