Market News
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Sh12.5bn Industrial Park attracts foreign investors
Posted on :Wednesday , 24th August 2016
Foreign investors dominate are in a dash for warehouses in the Sh12.5 billion Infinity Industrial Park in Nairobi even before construction starts, the project's realtor has revealed.
This validates recent real estate sector's data indicating high demand for industrial spaces in major towns, making Infinity one of Kenya's largest international parks. A report b. . .China Wu Yi to set up Sh10bn building materials plant
Posted on :Tuesday , 23rd August 2016
Chinese conglomerate China Wu Yi is building a Sh10 billion housing materials plant in Athi River after bagging major tenders in the country.The factory, expected to be complete in June, will manufacture precast materials that will also be sold to other construction firms.The multinational is putting up the plant through its loca. . .Kenya: Chinese-Built Highway Delights Kenyans, Stimulates Business
Posted on :Monday , 22nd August 2016
Nairobi — Before the Kenyan government mooted plans to expand Thika Road in 2009, commuters would waste hours on traffic gridlock.
Many commuters wished for the day the road would be traffic jam-free so that they would cut down on time and fuel.Since completion of the 50km highway that links Nairobi and the satellite town . . .Kenya: New Sh10 Billion International Airport to Be Constructed in Embu
Posted on :Monday , 22nd August 2016
A Sh10 billion international airport is set to be built in Embu, Governor Martin Wambora has announced.
Mr Wambora said his administration was working with the national government to extend the airstrip at Don Bosco and transform it into international standards.A group of foreign investors, he said, had agreed to elevate the airstrip . . .Kenya: Construction of Sh5.5 Billion Situ Village Project Begins
Posted on :Friday , 19th August 2016
The construction of a Sh5.5 billion exclusive gated community offering a live, work and play environment has started in Karen, Nairobi.
Two weeks ago, Cytonn, a leading real estate developer, broke ground at the construction site of Situ Village in Ololua Forest.This is one of the firm's over Sh73 billion real estate projects in the p. . .Please Select an Option
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