The Saudi Fund for Development (SFD) has agreed to invest in Kenya’s Big Four projects.
The announcement was made in a meeting between Treasury Cabinet Secretary Ukur Yattani and the Vice President and Managing Director of SFD, Dr Khalid Bin Sulaiman Alkhudairy.
Alkhudairy said the Saudi Fund was keen on investing in Kenya’s Affordable Housing projects besides power, roads and education where it has already invested.
The meeting took place on the sidelines of the Future Investment Initiative, a global financial conference where President Uhuru Kenyatta is one of the keynote speakers.