Aiiiiih unataka mwenye shamba apeane bure?
Ebru
March 18, 2018, 9:12pm
22
Pia za kabogo pale Thika… Ziko empty
Nova Cidade de Kilamba (New city of Kilamba)
This project was built by the Angolan government in conjunction with China. Unfortunately, “Middle class Angolans ” that were targeted by the development are almost non-existent. Thereby leaving all the flats empty. Angola doesn’t have a sizeable middle class to purchase these flats. Angola, Like many other African countries has a small extremely rich elite and a large peasant base at the bottom.
Before building residential “all in one estates technology cities
Look at all this sweetness going to waste. Hio pesa (US$3.5 billion ) ingegawiwa kila mtu anunue buroti ajipange kwengine ama anunue hometheatre, kisiagi akipenda, wherever the stereotype throws you
I gave similar sentiments on the so called Kenyatta family new city they wish to build. You cannot ‘rape’ a country’s resources, fail to reduce unemployment rate, fail to improve institutions and expect your investments in the same country to flourish.
system
March 19, 2018, 7:17am
25
montecarlo:
I gave similar sentiments on the so called Kenyatta family new city they wish to build. You cannot ‘rape’ a country’s resources, fail to reduce unemployment rate, fail to improve institutions and expect your investments in the same country to flourish.
Once that city is done, the ensuing circumstances will force Nairobians to occupy it at zero options. You can take that to the bank.
Nice propaganda piece by the mother af all fake news CNN. This was years ago and the city has now been occupied.
spear:
This story has been repeated here severally. The original article was done in 2011 and its still news to date.
They were a ghost town in 2012 since the Angola government had overpriced them and locked out its intended middle class residents. However price was reduced and by 2015, 80000 units had been taken up at $70,000 each.
As of July 2012, the buildings were largely complete but still unoccupied.[1] Only 220 apartments had been sold out of the first release of 2,800. Sales were slow due to affordability and difficulty in obtaining mortgage loans. One school was in operation, but children were travelling in by bus from other areas as there was no one living nearby. The government planned to use some of the residential blocks as social housing.
Although Kilamba contributes to meeting the election pledge made by President Jose Eduardo dos Santos in 2008 to build a million new homes in four years, Angola does not have a large middle class able to buy such homes.
However, despite the slow start, new legislation signed into law by dos Santos resulted in a massive boom in demand.[2][3] Prices of the smallest units were reduced from US $125,000 to $70,000. The population increased to 40,000 residents in September 2013,[4] and 80,000 in July 2015.[5]
https://en.m.wikipedia.org/wiki/Kilamba