2018 is projected to be an exciting year for developers who are keen on roads, housing and civil works projects. The government identified affordable housing among the key golden pillars for the next five years that will move Kenya closure to vision 2030.Others are universal healthcare, food security and manufacturing.
Did you know that for each of the four pillars, roads are paramount as well as civil works? Affordable housing will be achieved through government – private partnerships to deliver about 500,000 housing units. Across other quarters, there are discussions on the possible route of action. It’s argued that the colonial built estates in Nairobi Eastland’s offer a lot of space that should be developed with high-rise apartments similar to Kibera housing project. But others think undeveloped land must be hosting grounds of the masses. This land is available in Kajiado and Machakos counties.
Either way construction companies in Kenya will benefit while offering services such as excavations, loading, dumping, grading among other. The construction sector has been recognized to offer quality services though some companies are overlooking minor issues that turn to be major faults. This was recently experienced in Athi river where a contractor had been mentioned to have done sub-standard work resulting to the project been declared unfit for occupation after inspection.
Besides residential housing, shopping malls have been a bankable idea with office blocks leading. Although previous finding had indicated that there is a looming bubble in the sector, thus hospitality industry is predicted to be the game changer. Luxury Apartments in Nairobi are rising everyday with mixed developments among other facilities. Hotel industry is neither been left behind. Several hotels such as Hilton and Sarova are biggest developers with Hilton commencing journey to build Africa tallest building in upperhill Nairobi.
The pinnacle will host Hilton hotel, offices, businesses and recreational facility to attract shoppers, tourists and general visitors. It will be a marvel by itself with the unique architectural design and world class facilities. Other developments are also expected to launch in line with government agenda of housing the masses. Investments companies such as Cyton investments are exploring different locations to achieve their client’s expectations that will see them offer luxury, convenience and affordable solutions.
In conclusion, 2018 it’s the takeoff from the political cycle to development cycle. More real estate developments are expected with roads also been launched, graded and tarmacked with equal effort. The economy is predicted to grow further as a result of improved business environment and the optimistic of the Kenya citizens that every day is a new day and it will always be better.