Nairobi-Naivasha highway blocked over Ksh 800 million project
One unit will be going for 130,000 shillings and a single grave will have a lease for 50 years.
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Locals in Soko Mjinga are protesting the construction of the cemetery that is set to provide wealthy Kenyans with 35,000 ‘resting places’ at a premium price.
Health Cabinet Secretary Cleopa Mailu on Friday December 29, gave the go ahead for construction of the 69-acre property in Kinale Forest of which one unit will be going for 130,000 shillings.
A single grave will have a lease of 50 years.
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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.
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