The Mini Sky City in Changsha, China, stands as the world's tallest prefabricated building.
The investors are building 1,082 housing units and a commercial centre on 20 acres.
BMWP's Kitengela factory seeks to tap into the growing demand for affordable housing in Kenya.
Engineering Consortium will offer design services for the regional construction industry.
Contractors will obtain loans guaranteed by the Treasury to design, build and maintain roads.
New technology saves home-owners loads of cash in terms of labour fees.
The houses will be built using panels made from compressed rice and wheat husks.
The loans range from Sh130,500 to Sh175,000 per every 20 square metres.
The facility, which will constitute 3,300 solar panels, will generate 1,256MWh a year.
The new product will be used in place of other cement and lime varieties.