Kenya's tallest high-rise apartment units to be completed by 2021

Posted on :Monday , 4th February 2019

Kenya has disclosed it's plans to construct 2,720 high-rise apartment units in Nairobi’s Ngara estate in a development project that will gift the Kenyan capital its tallest homes beating 22-storey Le’mac Towers, Nairobi’s residential tower. The project is in alignment with the government’s affordable housing agenda.

Chinese billionaire Zeyun Yang said, &l. . .

East Africa construction industry outlook promising-report

Posted on :Monday , 14th January 2019

The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report has shown.

The Africa Construction Trends (2018) by consultancy firm Deloitte, reveals that East Africa has a total of 139 projects at a combined value of US$87.1bn. The region accounts. . .

East Africa construction industry to grow tenfold over the years

Posted on :Monday , 7th January 2019

Investment opportunities in infrastructure construction is set to expand at a rapid pace in East Africa. According to GlobalData, total infrastructure construction output is expected to soar from US$25.9bn in 2017 to US$98.8bn in 2022 in the three largest markets in the region, Ethiopia, Kenya and Tanzania.
 

Yasmine Ghozzi, construction analyst at GlobalData said that Inves. . .

Bangladeshi steel maker to open Sh6.5bn factory

Posted on :Wednesday , 26th December 2018

Big ticket infrastructural projects including the multi-billion Standard Gauge Railway (SGR) have driven up demand for steel products in the country.

One of the largest steel makers in Bangladesh is set to open a Sh6.5 billion ($65 million) factory in Kenya.

Bangladesh Steel Re-Rolling Mills Ltd (BSRM) announced the local venture to be known as BMS Steel Limited.

Kenya govt. to construct 28 km connecting highway at the JKIA

Posted on :Thursday , 6th December 2018

A 28 Km highway bridge is decided to be constructed by the Kenyan government, which will connect Jomo Kenyatta International Airport (JKIA) with Kangemi market on the Nairobi-Nakuru highway in order to control traffic congestion in the Kenyan capital city.

James Macharia the transport Secretary confirmed the reports sa. . .