Boleyn Magic Wall Panel Ltd has named Moke Gardens, a real estate developer, as its local partner for the project.
The Chinese company says it will use pre-fabricated panels to put up the buildings so as to reduce cost and construction time.
The firm plans to build a pre-cast factory in Kisii to ease the implementation of the project. The proposed plant will sit on 20 acres of land while the New Kisii City will require an initial 50 acres of land to set up.
“We have laid the necessary ground ready for take-off in order to spur development. Working with the county assembly, we will do our best to avail land and any other support for the investor,” said Kisii governor James Ongwae.
Chinese multinationals are increasingly inking multi-billion shilling deals with county governments to put up homes for their expanding workforce.
Uasin Gishu, for example, last year signed a Sh6 billion deal with Chinese Wiehai International Economic & Technical Corp for construction of high-rise homes in Eldoret and renovation of 3,000 county houses.
In 2014, Henan Guoji Development Corporation of China signed a deal with Kakamega for construction of 9,000 low-cost homes to meet the rising demand for housing in the populous county.
Demand for housing in counties has soared over the past four years thanks to the devolved system of governance. This has seen counties moving to build high-density cities in major urban centres.