Kenya embarks on construction of $8 million private cemetery targeting the super rich

The cemetery will provide 35,000 ‘‘resting places’’ for wealthy Kenyans at a premium price.

Health secretary Cleopa Mailu in a gazette notice approved the construction of the 69-acre property in Nyandarua county estimated to be worth Sh800 million($8 million).

Gates of Pearl, located next to Kinale Forest, Nyandarua, will provide 35,000 ‘‘resting places’’ for wealthy Kenyans at a premium price.

Officials expect to charge upwards of Sh130,000 per unit with a single grave having a lease of 50 years.

Fusion Capital chief executive Daniel Kamau, confirmed that a special purpose vehicle Peponi Investments — where they are a minority investor — will implement the project whose majority stake holder is Alliance Capital Partners.

Mr. Kamau cited the high demand for cemeteries by Kenyans as the reason behind its establishment.

“We saw it as an opportunity and will break ground later this year to meet this need by giving our loved ones a decent burial,” he said while speaking on a TV property show.

Two Canadian landscape architectural firms, Erik Lees & Associates and Birmingham & Wood Architects, have been hired to implement the project.

“The memorial park will provide premium interment lots and memorialisation sites for families seeking to memorialise their loved ones in a secure and serene setting,” said Alliance Capital on its website.

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Amazing transformation of 21-year-old man bullied for being born different (video)

Amazing transformation of 21-year-old man bullied for being born different (video)

Abel Mutua's movie makes over Sh4M in 5 days

Abel Mutua's movie makes over Sh4M in 5 days

Sh79,000 per month jobs for Kenyans without degrees

Sh79,000 per month jobs for Kenyans without degrees

How Janet Mbugua's husband Eddie landed Sh240 million deal with Chinese investors

How Janet Mbugua's husband Eddie landed Sh240 million deal with Chinese investors

5 things you should never do to please a woman

5 things you should never do to please a woman

Vera imports Baby Diapers from US, Help rebuild Boniface Mwangi's house & other stories on #PulseUhondoMtaani

Vera imports Baby Diapers from US, Help rebuild Boniface Mwangi's house & other stories on #PulseUhondoMtaani

British MP claims she didn't know her flat was owned by the Kenyatta family

British MP claims she didn't know her flat was owned by the Kenyatta family

Janet Mbugua's husband thrown at the centre of nasty fight at Ole Sereni Hotel [Video]

Janet Mbugua's husband thrown at the centre of nasty fight at Ole Sereni Hotel [Video]

Tiwa Savage breaks silence after her raunchy tape leaked online [Screenshot]

Tiwa Savage breaks silence after her raunchy tape leaked online [Screenshot]