Kenya has actually been and still remains one of the
greatest places in East Africa and in Africa as a whole for investment. The
Country goes on to attract foreign investors by having fertile lands as well as
other viable opportunities. Kenya real estates sector has recently made a mark
as one of the most attractive investment opportunities in Kenya catching the
attention of both local and foreign investors.
A number of factors are at play in the Country’s economic
and real estate standing. Highlighted below are some of the characteristics
that make Kenya stands out of the crowd in the context of investment and
economic development;
Enhanced security- Security is among things which any
business person requires a guarantee on before beginning a financial commitment
venture. It's because when there’s an outbreak of robbery attacks just for
instance, the target is often businesses. Fortunately, Kenya real estates have
always worked hard along with the concerned stakeholders so to enhance
security, for better and smooth operation of their investors’ businesses.
Improved infrastructure- Investors always prefer setting up
businesses in places which are easily accessible for through so, they get to
reach their clients with much ease. Improvement of infrastructure in Kenya has
always been in process and this has always given a green light to investors
that the entire infrastructure is something being worked on.
Accessibility to land and commercial premises at fair
prices- Kenya real estates always ensure to give their properties and land to
their investors at cheap prices. It is mainly to pull each of them to put their
money in the sector. This, for years has enabled them work so well with their
investors owing to the good and established rapport. Following this, a great number
of investors are often recorded yearly to have invested in the real estate
sector.
Support from the national government- The full support
offered by the government of Kenya has immensely helped the growth of real
estate industry in Kenya. The support has been in various ways including
improvement of infrastructure so to enable easy transportation of goods in and
out of the country and also inside the country. Another way can be by enhancing
security and also by leasing out lands to be rented by the investors at a very
lesser costs. Apart from the support by the government, the sector has as well
received support from the citizens, who have always provided support such as
giving themselves for any variety of services needed by the investors, helping
in beefing up security among a lot other supports.
Influx of investors- another factor that helps real estate
rank top in the group of top ranked sectors is the continuous movement of
investors who are putting up businesses in the Country. The wide range of
investors arriving for businesses in the nation is leading to a large number of
developments, hence making the sector record the high profits.
These are som of the factors that led to the
upper ranking of Kenya real estates and of course the consequent inflow of more
investors.
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