Peter Salasya Vows to Slash Construction Costs in Bold 2027 Presidential Bid

In a bold declaration of intent, 2027 presidential hopeful Peter Kalerwa Salasya has unveiled a transformative housing and construction policy that aims to cut construction costs in half by targeting the high prices of cement and steel — two of the industry's most critical materials.

Speaking during a campaign event, Salasya announced that his administration would prioritize reducing the cost of cement from the current retail price of KSh 850 per bag to KSh 450, nearly a 50% cut. He attributed the inflated prices to monopolistic control of Kenya’s rich clinker reserves — a key ingredient in cement production — by a small group of powerful individuals.

“Kenya is blessed with abundant clinker deposits in regions like Kajiado, Ukambani, and West Pokot,” Salasya said. “Yet, these resources are being hoarded and manipulated. As President, I will break these cartels and open up access to ensure cement becomes affordable for every Kenyan.”

The presidential aspirant also turned his attention to the rising cost of steel, noting that prices have tripled in recent years, severely impacting the construction sector. He pledged to invest in the local steel value chain by tapping into Kenya’s iron ore reserves, particularly in Mbeere, to reduce reliance on costly imports.

“The construction industry is on its knees. Projects are stalling, and home ownership is slipping out of reach for ordinary Kenyans,” Salasya emphasized. “By investing in local production and removing bottlenecks, we will restore affordability and unlock economic growth.”

Salasya’s plan positions the private sector as the primary driver of housing development, with the government playing an enabling role. He promised a regulatory environment that supports real estate developers while making homes accessible to young and middle-income Kenyans.

“My role as President will not be to build houses,” he added. “It will be to create the conditions under which the private sector can thrive, delivering affordable housing to all Kenyans.”

With a campaign anchored in youth empowerment, economic reform, and affordable housing, Salasya is hoping to tap into the aspirations of a generation that has long struggled to afford a home of their own.

June 19, 2025