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The Kenya Development Corporation (KDC) has embarked on an investor-hunting mission as it looks to privatise some key State assets across the country, which they hope will help unlock billions of shillings in revenue.
This was unveiled during a stakeholder briefing in Nairobi on Thursday that brought together representatives from the banking sector, pension funds and individual investors.
Among the key properties that KDC is looking to dispose of are two iconic five-star city hotels, The Intercontinental and The Hilton, which have a combined valuation of Sh8.3 billion.
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