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Property developers shy away from new projects in Nairobi

Construction workers building a house in Westlands, Nairobi area on February 11, 2021. [Stafford Ondego, Standard]

The value of buildings approved for construction by the County Government of Nairobi last year declined by Sh54 billion as investors scared by the pandemic took a wait-and-see approach, data from the national statistician shows.

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