Safaricom pension scheme’s Sh4.2bn project ready June

Safaricom Pension Scheme’s chairman, Joseph Ogutu. FILE PHOTO | NMG

Safaricom #ticker:SCOM Pension Scheme expects its Sh4.2 billion mall-cum-residential development in Athi River to open its doors in June.

The scheme’s chairman, Joseph Ogutu, told the Business Daily in an interview that the real estate development, dubbed Crystal River, is 90 per cent complete and will be opened in the next four months.

The building was to be opened last May but the contractor took a break due to the heightened political situation in the country.

“The prolonged electioneering period last year did not only interfere with our road map for construction but I’m sure it also impacted negatively on the other sectors of the economy,” he said.

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