Coast Gets a Lowcost Homes Project

[Nairobi Star]

A light steel construction company has embarked on a project to build low-cost housing units at the coast, in what is set to be agame-changer in Kenya's housing industry. The project commenced in December 2011 on a 16-acre parcel of land in Kikambala, within Kilifi, in the Northern part of Mombasa city. The more than 300 low-cost housing units will be built using the light steel building technology at an estimated project cost of Sh700 million to be finance through loans.