Market News
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Kenya to upgrade Moi International Airport at the cost of US$66m
Posted on :Friday , 7th November 2014
The French Agency for Development (AFD) has signed a US$66m deal that will see the Moi International Airport in Mombasa being upgraded.
The loan will be used by the Kenya Airports Authority (KAA) to renovate airside pavements, airfield ground lighting and to upgrade the water and power supply to the airport. This is in a bid to keep the airport at recommended . . .NHC projects 1.0 trillion/- investment by 2015
Posted on :Thursday , 6th November 2014
National Housing Corporation (NHC) is optimistic that its total project investment will grow to 1.0 trillion/- next year, up from 800bn/- this year due to improved infrastructure in the country.
Speaking in Dar es Salaam over the weekend during the Expo builds and auto mart exhibitions, NHC Director General, Nehemiah Mchechu said project investments are growing fast. . .Massingir dam in Mozambique to be rehabilitated to improve safety
Posted on :Monday , 6th October 2014
The National Directorate of Water (DNA) through the Regional Administration of Water South (ARA-Sul) has awarded a contract for the rehabilitation of the damaged bottom outlets and related works on the 48 metre high Massingir dam in the Gaza Province of Mozambique. Aurecon has been appointed to supervise the construction of these rehabilitatio. . .
3000 km of roads to be constructed in Kenya
Posted on :Monday , 6th October 2014
The government of Kenya will construct 3,000 Km of roads during the initial phase of planned construction of 10,000 Km of road networks launched earlier this August.
RBPlat to invest in $250.9m housing project - Phase II for its workers
Posted on :Wednesday , 1st October 2014
South Africa’s mining company, Royal Bafokeng Platinum will, in the next five years, invest over US$250m to complete Phase two of the employee housing development scheme for its workers. The company will, during the Phase two of the project, construct 3100 housing units. The project’s approval was an. . .
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