Vietnamese energy giant Doanh Chau has knocked on Kenya's doorstep again, this time hitting out at President William Ruto's Affordable Housing project.
In a long-worded statement released on Tuesday, May 20, Chau criticised the motive of the project, terming it a "long-term burden on Kenyan workers with limited returns". "Taxing the employed to fund state-led housing construction is not only economically regressive; it is structurally flawed," Chau asserted.
While acknowledging it as a bold solution, the mogul still took issue with the structure of public housing schemes, citing the numerous flaws associated with such projects, adding that Kenya was on the same trajectory.
A photo of Vietnamese energy mogul Doanh Chau in a past event.
