Siaya is a place with great potentials of growing and developing. This is evident as with its main economic activity being fishing. With the fishing alone Siaya can change to a well developed place. The problem however is that all these are not given considerations. For example, still with the fishing as the main economic activity, people can put up hotel businesses just around the lake and even improve the beach plots then do beach investments. If all these can be done, there can be very low percentage of people who still can be talking of poverty.
Now, listed below are just but some of the challenges Siaya land for sale faces.
- Poor infrastructure: investment can never be easy if infrastructure is poor. This is because many times there will be transportation of goods from in and out of the town, and if infrastructure is not improved to a better condition, it is evident that the goods will be damaged during transportation. Siaya land for sale faces this challenge as the roads connecting to it are in poor conditions.
- Land acquisition process being very cumbersome: nothing frustrates like trying to secure a land and it takes more than enough time. The process of acquiring Siaya land for sale takes long until some clients decide to back off completely. It would be better if it would take a little shorter time, as some of the would-be buyers also have some other things to attend to.
- Lack of support from the county government: the county government seems to be so reluctant in supporting Siaya land for sale. There are some cases where their intervention is really needed, for instance in developing sewers, improving roads for easy transportation, and even in offering financial aids to the locals who probably want to do investments.
- High interest rates from the banks: many locals, for instance, feel so much disappointed in the way the banks treat them. When they go to these banks to take loans for investments purposes, they are given at high rates. This discourages a number of them until they opt to back off. This also has been counted as a major setback.
- Insecurity: insecurity is another major challenge that Siaya land for sale is facing as not even one investor wants to do investments where there’s rampant insecurity. If this can be handled then many people would venture into investments, including the locals as well.
It is therefore my wish that the concerned parties may do something concerning this so that investment can pick up in Siaya land for sale.
You can read more of this at www.westkenyarealestate.com
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