Kenya is attractive for steel dealers because of its ongoing mega projects
The project was financed through a 14 million Euro grant from the German government.
Stima Village comprises 76 maisonettes of which 40 are 3-bedroom and 36 are 4-bedroom.
The fund has a Sh18 billion annual kitty for investments in Africa.
Thomas & Piron Grands Lacs seeks to enter the Kenyan market as a developer and a contractor.
The deal will help Crown Berger diversify its product offerings.
Foton's Nairobi plant will have annual production capacity of 10,000 vehicles.
The plant is expected to produce at least six of the beverage maker's brands.