The UK Government, through their Foreign Secretary Jeremy Hunt, has announced a Ksh13 billion investment plan in the Big 4 agenda.
In a meeting with the Foreign Affairs CS Monica Juma, Hunt announced that the UK government would build a total of 1200 housing units at Tatu City in support of the affordable housing scheme valued at Ksh6 billion.
Speaking to kenyagist.com, Head of Communications at the British High Commission, Alice Simpson, revealed that they intend to build a Ksh6 billion solar power plant in Kilifi county dabbed ‘The Malindi Solar Project’ in a bid to reduce the cost of energy in the country and in the process, create employment for more than 250 people in the area.
The project will receive support from CDC, which is the UK’s development finance institution.
The construction will be undertaken by the British company Globeleq.
“This new investment will create hundreds of jobs for Kenyans and will pave the way for future opportunities,” Hunt stated.
He also went on to announce that the UK money minting firm De La Rue will continue to build a pipeline of opportunities creating more jobs in the region.
The Foreign Secretary stated that the firm would spend Ksh1.4 billion in the said job creation plan.
Hunt also announced a further Ksh186 million that would be awarded to a winner in a competition to be announced later.
The competition will be between youth from Kenya and Nigeria.
“Are you a young person working in the creative industries? Foreign Secretary announced a Ksh 186 million package of support for the creative industries in Kenya and Nigeria during his visit. Keep an eye on @ke_british for more info on this opportunity,” he indicated.