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Pension fund to invest Sh3.5b in Kisumu estate upgrade

Demolition of 100 year-old Makasembo estate in urban renewal program in Kisumu County. [Collins Oduor, Standard]

Makasembo Estate in Kisumu is set for demolition and construction of new houses at a cost of Sh3.5 billion.

The project will be funded by the county government workers’ pension scheme, the Local Authorities Provident Fund (LapFund).

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