The youth have been urged to invest in land and agriculture as a way of creating employment and sustaining their economic life.
According to land experts, most youth in the country have failed to invest especially on land despite earning good money and only think of land in the wee days of their employment.
Mr. Samuel Njenga, a 32 year old youth was among 200 youth who have bought land in Chakama area, Kilifi County and plan to start agricultural projects.
Njenga who works in Germany said that many youth have been swindled of their hard earned money by friends, bogus investors and even family members they entrusted in investing on their behalf back home.
“The youth in the diaspora get scammed when trying to invest in Kenya and most have given up on investing since some of the people they entrust to run errands for them including family members end up disappointing them,” he said.
This he added that had made the youth in diaspora shy away from investing in Kenya and ended up spending their money on perishable luxury possessions in their host countries.
“I decided to try this way and through Hodari homes I have believed we have a trusted partner. I came over during my holidays and they took me for a site visit before finally buying the two plots that I want to do some farming,” he said.
Mr. Musa Gaterima who is the Managing Director of Hodari homes, a company that buys and sells land said that his entity is focusing on the youth because they have a potential to develop the country.
He added that his entity works closely with relevant government agencies to ensure that the land they are dealing in is genuine before subdividing it to sell the plots to potential buyers.
“We launched this project to urge the youth to invest in land because many feel that owning land in Kenya is very expensive but we have designed a way of making them get land in an easier but clean process. Our plots go for Sh. 90,000 for a 50 by 100 piece and they are ripe for investment,” he said.
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