Market News
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Kenya: Standard Railway Project Set for October
Posted on :Friday , 5th September 2014
CONSTRUCTION of the multibillion-shilling standard gauge railway is expected to start in October, Infrastructure PS John Kipng'etich has said.
Contractor China Road and Bridge Corporation has started putting up camps at Mariakani, Mtito Andei and Athi River.The camps will aid the construction of the first phase of the Sh327 bill. . .
BASF opens new admixtures plant in Kenyan capital
Posted on :Thursday , 4th September 2014
German chemical manufacturer BASF has opened a new admixtures production plant at Nairobi in KenyaAccording to company officials, the facility will enable the company to meet the rising demands for construction chemicals in East Africa.
Dick Purchase, head of regional business unit for construction chemicals at BASF Middle East, West Africa, CIA and Africa, said, “We are n. . .
Proposed Dangote cement factory in Kenya: production capacity revised to 3 million tonnes per year
Posted on :Wednesday , 3rd September 2014
The proposed Dangote cement factory in Kenya is now set to produce double the initial planned capacity, indicating the rise in demand of cement in Kenya. The announcement, made in the company’s trading update, could also fuel price wars for cement in Kenya.
Demand for construction equipment in Kenya to go up due to upcoming roads projects
Posted on :Wednesday , 3rd September 2014
Many construction projects in Kenya, among them the government’s commitment to construct 10, 000 km of additional network, is set to increase demand for construction equipment.
Outer Ring Road in Kenya to be expanded into a dual carriage at US$82m
Posted on :Wednesday , 3rd September 2014
Sino Hydro Tianjin Engineering will undertake expanding of the Outer Ring Road in Nairobi, Kenya at a cost of US$82m. This is after beating other eight firms that submitted bids in the tendering process.
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