Nanyuki town is growing fast-thanks to the new Lamu-Ethiopia highway

A section of Nanyuki town

By The Weekly Vision

The Kenyan farming town of Nanyuki appears to have been jolted out of her “deep slumber” as investors converge to take advantage of the new Kenya-Ethiopia international corridor. According to a survey by The Weekly Vision, the now vibrant town has seen landowners in the area become rich overnight as investors pitch the tent there.

Coupled with the new infrastructure, Nanyuki town has slowly morphed into a trade hub as it serves as a pit stop from where tonnes of cargo are transferred from the trains and into trucks destined for Ethiopia. Real estate investors have also been rushing to the area as the new infrastructural development and trade along the route have seen land prices in Nanyuki escalating rapidly.

 Landowners are making millions at the Kenol-Marua Dual Carriageway, thanks to the new gateway to Ethiopia, Africa’s fourth-largest economy

 Landowners are making millions at the Kenol-Marua Dual Carriageway, thanks to the new gateway to Ethiopia, Africa’s fourth-largest economy. Prices of land have gone up with an acre selling at more than Ksh. 5 million up from Kshs 1.5m in 2016 of land along the tarmac. Some investors are also eyeing the hospitality industry as the northern region of Kenya is now easily accessible.

Hotels, lodges, and camping sites have been cropping up in the area, making Nanyuki one of the fastest growing towns along the new trade route.

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