Tycoon Naushad Merali and Centum Investments are among individuals and local firms battling four Chinese firms to build and operate 11,000 houses for the Kenya Defence Forces (KDF), with the promise of earning rent for 15 years.
The Ministry of Defence listed H.Young East Africa, a firm associated with Mr Merali and a consortium of three local companies - Zutari Kenya, Blink Studio and NorthWind Consulting- led by Centum Real Estate to battle for the projects to be spread across several KDF barracks.
