Politics
Vietnam Energy Executive Slams Kenya’s Housing Plan: “Investors Scared Off by Corruption
In contrast, he criticized Kenya’s infrastructure priorities, noting the country “built a fancy expressway from Nairobi to Mombasa without an export industry to support it” while millions lack basic utilities.
In a viral social media critique following meetings with top Kenyan officials, Vietnam Gas President Doanh Chau delivered a diplomatic rebuke of Kenya’s development strategy, specifically targeting President William Ruto’s ambitious affordable housing program.
“President Ruto wants to build public housing, but investors are scared off by petty corruption and legal instability,” wrote Chau in his detailed assessment.
“There are no credible incentives, no serious risk guarantees. In short, no real initiative to make it happen.”
The energy executive’s comments came after meeting with both President Ruto and Prime Cabinet Secretary Musalia Mudavadi in Nairobi, where discussions reportedly centered on Kenya’s future investment, infrastructure, and public housing plans.
Chau’s critique went beyond housing to identify what he described as a fundamental flaw in Kenya’s development approach: “Kenya’s real problem is not a lack of money or talent. It’s the absence of long-term vision and the dominance of short-term gain.”
Infrastructure Gap Highlighted
Drawing a stark comparison between the two nations, Chau pointed to electricity infrastructure as the “biggest indicator” of development disparity:
“Vietnam: 100 million people, over 70 GW of power. Kenya: 50 million people, only 4 GW,” he noted.
This power gap, according to Chau, represents a critical barrier to economic development.
“No investor will build a factory where the lights flicker every day,” he stated, adding that Vietnam prioritized power generation before establishing free trade zones, enabling its emergence as a global export hub.
In contrast, he criticized Kenya’s infrastructure priorities, noting the country “built a fancy expressway from Nairobi to Mombasa without an export industry to support it” while millions lack basic utilities.
Asia vs. Africa: The Execution Culture
The Vietnam Gas president attributed Asia’s rapid development to fundamental differences in governance approach, stating that in Vietnam and Singapore:
– “Leaders are up at 5 a.m. working on execution, not speeches”
– “Power supply is constant”
– “Policies are consistent and data-driven”
– “Incentives align with performance”
Chau characterized Kenya’s tourism sector as “another missed opportunity,” citing bureaucratic hurdles like “90-minute check-ins at park gates” and limited offerings for visitors beyond souvenir markets.
His assessment concluded with a pointed recommendation: “Africa doesn’t lack potential—it lacks a mindset shift. Leadership must stop performing for the next donor visit or summit… The global window is closing. Asia isn’t waiting. If Kenya and much of Africa want a real economic future, they must turn off the microphone—and turn on the power.”
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