Chinese real estate firm Avic says it has paid Sh1.8 billion in taxes for its ongoing Sh40 billion 47-floor mixed-use complex in Nairobi’s Westlands.
Country managing director Wang Long said that foreign direct investment from Avic’s internal sources had generated new revenue for Nairobi County and the national government with Nairobi’s stature as an investment hub enjoying new recognition for housing Avic Africa headquarters.
