Cabinet okays building of 30,000 houses in Mavoko

The Cabinet has given the greenlight for the construction of 30,000 houses in Mavoko, Machakos County.

It approved a plan by the National Social Security Fund (NSSF) to build the housing units on its 1,000-acre farm in Mavoko.

"This is a Public Private Partnership (PPP) arrangement. A strategic partner will be identified to construct houses and build other amenities.

"The project is key to Government delivering on its pledge to reduce the acute shortage of houses in our nation’s capital in line with the Jubilee manifesto," said a cabinet brief sent to newsrooms Thursday.

President Kenyatta chaired the Cabinet meeting at State House, Nairobi.

Government announces feasibility studies for Free Trade Zone in Mombasa.

The Ministry of Industrialization and Enterprise Development has requested for expressions of interest for consultancy services for the proposed Free Trade Zone in Mombasa. The location measures 500-1000 acres accessible to the Kilindini Port, Mombasa to Kisumu/Malaba- Uganda Railway, Mombasa-Nairobi highway and Moi International Airport. The zone will provide a point of re-export and import and is expected to make Kenya a preferred link in the trade distribution channel. The Free Port is also expected to promote intra-African trade for diverse products such as electronics, motor vehicles, and machinery, marketing and distribution services for local and international companies amongst other trade activities. The expected outputs of the consultancy will determine the role of Government, private sector and other stakeholders. It will also provide models to be adopted in the development and management particularly infrastructure, relevant rules, procedures and regulations, promotion of investments from interested parties and management of the zone. The planned Free Trade Zone will allow the Port of Mombasa to evolve from a pure centre of transport and become more directly involved in added value activities such as cargo processing and logistics. This in turn would allow Mombasa to play a greater role in the development of international trade, thus helping to stimulate the Kenyan economy. (Ministry of Industrialization and Enterprise Development, Standard Investment Bank)

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