{"id":1118,"date":"2020-09-16T04:00:14","date_gmt":"2020-09-16T04:00:14","guid":{"rendered":"https:\/\/www.content.shelterafrique.org\/en\/?p=1118"},"modified":"2020-11-13T05:25:48","modified_gmt":"2020-11-13T05:25:48","slug":"housing-and-construction-sector-key-in-post-pandemic-recoveries-efforts-president-kenyatta-says","status":"publish","type":"post","link":"https:\/\/www.content.shelterafrique.org\/en\/housing-and-construction-sector-key-in-post-pandemic-recoveries-efforts-president-kenyatta-says\/","title":{"rendered":"Housing and construction sector key in post pandemic recoveries efforts, President Kenyatta says"},"content":{"rendered":"

Nairobi, 15 September 2020:<\/strong> \u2013 Kenya\u2019s President Uhuru Kenyatta has underscored the importance of the housing and construction sector in the post Covid -19 recovery plans.<\/p>\n

In a Speech read on his behalf by the Cabinet Secretary – Infrastructure, Roads, Housing and Urban Development, Mr. James Macharia, at the opening ceremony of Shelter Afrique\u2019s 39th AGM and Symposium in Nairobi, The President said while it is one of the sectors that has been impacted adversely by the economic slowdown, housing and construction sector is also one of the sectors that can rebound quickly.<\/p>\n

\u201cThe construction sector can therefore be targeted to lead the rebound in the broader economy. Economic history teaches us that the construction sector, including housing construction, has been very effective in driving economic recovery. Housing construction provides excellent opportunities for job creation,\u201d President Kenyatta said<\/strong><\/em>, adding that while the construction sector requires significant capital, record-low interest rates have made the cost of financing construction projects remarkably affordable.<\/p>\n

\u201cThe affordable housing agenda should remain front and center in the economic recovery debate due to the need to provide decent housing and essential infrastructure to all residents, especially the vulnerable populations living in slums and informal settlements,\u201d The President said.<\/p>\n

Since the beginning of the crisis, we have advocated that the construction of large-scale housing and related infrastructure can be the driver for economic revival in the Post-COVID era. This belief is reflected in the theme for the annual symposium and AGM, Affordable Housing Delivery as an Economic Revival Strategy in the COVID 19 Era in Africa<\/span><\/strong>,\u201d Mr Chimphondah said.<\/p>\n

\u201cWhen we think about the Gig Economy, it often leaves out construction workers, but they are a critical group of that economy. The delivery of large-scale construction is imperative because it will reabsorb this neglected sector into active employment as well as having the capacity to absorb other sectors and downstream business. I am happy to note that some of our member states have taken note of our advocacy; supporting the construction industry during this pandemic,\u201d he said, adding that the pandemic should inspire creative thinking and reinvention of supply-chains for construction within Africa.<\/p>\n

Kenya is hosting Shelter Afrique\u2019s 39th Annual General Meeting (AGM) on September 17th and annual housing symposium (September 15th). The event, which was scheduled to take place at Kenya\u2019s coastal town of Malindi prior, will now be held virtually due to the Coronavirus pandemic.<\/p>\n

Internship programme<\/h2>\n

The pan African housing development financier has also announced the launch of the Shelter Afrique Internship Programme, a capacity development program under its Centre of Excellence (CoE) unit designed to attract young and talented multi-disciplinary individual from Shelter Afrique member countries, with outstanding academic, leadership, and professional qualities.<\/p>\n

\u201cThe program will support Shelter Afrique in meeting its operational requirements in the medium to long term. The programme is anchored to the strategic goal of Shareholder and Development Impact. The roll-out of the programme for candidates across all our member countries will show our value to our member countries,\u201d Shelter Afrique Board Chairman Steve Mainda said.<\/span><\/em><\/p>\n

The details for application will be provided in the coming days with the first intake expected in January 2021.<\/p>\n

Shelter-Afrique is a pan African housing finance and development institution established by African governments to address the need for sustainable housing delivery system and related infrastructure projects in Africa. Shareholders include 44 African countries, the African Development Bank, and the African Re-Insurance Corporation.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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