Kisumu Governor Peter Anyang’ Nyong’o on Tuesday morning reminded Kisumu County Assembly Speaker Elisha Oraro something small about time keeping, during the signing of a Memorandum of Understanding (MoU) between LAPTRUST/County Pension Fund (CPF), and the County Government of Kisumu.
LAPTRUST/CPF has undertaken to construct over 1, 200 affordable housing units in Kisumu, becoming the first project outside the Capital, Nairobi.
The brief MoU signing event was held at the newly refurbished Mama Grace Onyango social Centre, signaling the commencement of the Sh3.8 billion Anderson-Ofafa affordable housing project.
The Governor arrived at the venue at about 9am, hence the start of the event. As the program proceeded, the Speaker was nowhere to be seen meaning he had run late.
Market Milimani Member of the County Assembly (MCA) Seth Adui had to address the meeting on behalf of the Speaker. At the time the governor rose to speak, the Speaker had finally arrived.
Nyong’o said he would have wished for him to speak, but he was supposed to travel to Nairobi to meet President Uhuru Kenyatta and ODM party leader Raila Odinga at 2.30PM.
“I have to attend a meeting in Nairobi at 2.30pm this afternoon and the plane leaves at 11.05am. I could have asked you to come and speak but I am sorry the plane won’t wait for me. And if I miss that meeting I will face some very serious consequences,” said the governor.
The Anderson-Ofafa affordable housing project was launched in December last year. Residents who occupied the area have already moved on to other places, leaving room for construction work to begin.
Signing of the MOU. Photo/Facebook
The governor thanked them for voluntarily moving out of the estate. “As we sign this MOU, whose details have been explained here today, I wish to sincerely thank the former residents of Anderson for their maturity and the decision to willingly vacate the estate to give room for the ambitious project that will see over 1,200 affordable residential houses built here within the next few months,” he said.
LAPTRUST/CPF CEO Hosea Kili assured the governor that they will deliver the project within the shortest time possible.
“We, at LAPTRUST and the County Pension Fund strongly believe in leading the way in coming up with innovative ways of solving problems; for the benefit of our members as well as our stakeholders,” he said.
He added, “LAPTRUST, in line with its objective of delivering sustainable returns to its members, has a diversified investment portfolio that includes affordable housing, as a way of unlocking value on existing properties across various counties. The Anderson-Ofafa Affordable Housing project is one such real estate investment.”
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