The National Social Security Fund (NSSF) is developing a new mixed-use smart city near Jomo Kenyatta International Airport (JKIA) as part of its long-term investment strategy aimed at growing members' savings through real estate development.
The project is planned on NSSF-owned land along the Mombasa Road corridor near JKIA and is expected to transform the area into a modern urban centre featuring residential, commercial and social amenities. The development is part of the Fund's broader investment portfolio, which focuses on generating sustainable returns while contributing to Kenya's economic growth.
Key Features of the Development
According to available project details, the smart city is expected to include:
Modern residential housing targeting different income groups.
Commercial office spaces and business parks.
Retail centres and shopping facilities.
Hotels and hospitality developments.
Schools, healthcare facilities and recreational parks.
Smart infrastructure supported by digital technology, efficient transport networks, reliable utilities and green spaces.
Strategic Location
The project's proximity to JKIA, the Nairobi Expressway and Mombasa Road is expected to make it attractive for businesses, investors and residents. The location provides easy access to Nairobi's central business district, industrial zones and regional transport links, positioning the development as a major commercial and residential hub.
Investment Objective
NSSF has increasingly invested in large-scale property developments as part of efforts to diversify its investment portfolio and improve returns for contributors. The proposed smart city aligns with the Fund's strategy of investing in high-value real estate projects capable of generating long-term income while supporting national infrastructure and urban development goals.
Project Status
The smart city project remains in the planning and development phase. NSSF is expected to undertake the project in phases, with further details on timelines, financing arrangements and implementation expected as planning progresses. No official completion date has been announced.
Once completed, the development is expected to create employment opportunities, attract private investment and support Nairobi's expansion as a regional business and logistics hub.