The Kenya Government will embrace the use of smart technology in the construction of 250,000 low-cost houses annually, ICT Cabinet Secretary Eliud Owalo has announced. He spoke on Wednesday during the Kenya-Korea Smart City and Technology forum organized by the Korea Trade Centre (KOTRA) in Nairobi.
During the event, the CS emphasised that the Kenya government is committed to providing affordable housing as outlined in the Kenya Kwanza government agenda and technology will be key in actualising the dream.
“Moving forward, we are going to explore viable collaborations and partnerships that tie up digital possibilities in the construction industry and with significance or particular emphasis on affordability and durability of Kenya Kwanza’s affordable housing agenda,” the CS said.
“The construction sector is challenged to keep up with the pace of digital technology and cope with the speed and rate of change in the dynamic operational environment. ICT innovations, therefore, are opening up new horizons of possibilities in the construction industry just like many other sectors of our global economy,” Owalo said.
The Cabinet Secretary’s sentiments were echoed by Jae Myung Koh. He is the Minister Counsellor, at the Embassy of the Republic of Korea in Kenya. He assured participants of the Korean government’s support in embracing smart technology.
“We have seen how Kenya is developing and fully committed to innovating coordinated green open and shared developments. We have also observed how Kenya has achieved remarkable results in promoting high quality growth and building a new development program like Konza City,” Mr Koh said.
In early October this year.President William Ruto announced that his government will construct 200,000 houses annually under the affordable housing program. This is through a partnership program between County governments and private developers. The President said a mandatory housing fund would be created by the national assembly to facilitate this initiative
As of December 2021, the real estate industry’s contribution to Kenya’s economic growth stood at 6.7% making it an important player in the country’s GDP.