Market News
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Kenyan key contract being built by Bechtel
Posted on :Friday , 11th August 2017
Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi . . .
EABL launches construction of Sh15bn plant
Posted on :Friday , 11th August 2017
Beer maker EABL #ticker:EABL has broken ground on its planned Sh15 billion brewery in Kisumu, signalling good tidings for thousands of farmers who will be contracted to supply raw materials.
The brewer, whose ground-breaking was officiated yesterday by President Uhuru Kenyatta, is projected to handle up to a quarter of the output by Kenya Breweries.Sh2.9bn centre to house Kenya roads agencies
Posted on :Friday , 11th August 2017
The World Bank is set to fund the construction of a Sh2.9 billion complex in Nairobi that will house Kenya’s road institutions and the National Construction Authority. China’s firm, Avic has already won the project’s tender.
The project, being overseen by the Kenya National Highways Authority (KeNHA), will see the setting up of four office bl. . .New construction bill proposes radical changes to the sector
Posted on :Friday , 11th August 2017
In a bid to tame rogue contractors and ensure accountability in the construction sector, a bill has been introduced in Parliament to ensure that each construction project has a professional manager. The bill introduced in Parliament in March seeks to have Kenya follow in the footsteps of South Africa, which is the only country in Africa with such an arrangement where the manager oversees . . .
East Africa: Call for Regional Cooperation to Transform Construction Industry
Posted on :Wednesday , 3rd May 2017
Resulting from the rapid and sustainable economic growth as well as the ongoing fast urbanization in Ethiopia,there is high demand for cement and concrete, Construction Minister Eng. Aisha Mohamed said.
While addressing the 2nd Annual East Africa Cement, Concrete and Energy Summit yesterday, Minister Eng. Aisha reiterated: "With the growth in our economy . . .Please Select an Option
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