Market News

  • Buildings worth millions to come down as Naivasha-Nakuru highway expands

    Posted on :Wednesday , 24th August 2016

    Buildings worth billions of shillings will be brought down in Naivasha after the government embarked on expanding the Nairobi-Nakuru highway.
     
    The highway authority had began marking affected buildings in preparation for the construction of the dual-carriage between Rironi and Nakuru town.
     
    KeNHA held a meeting with affected traders . . .

  • 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 . . .

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