Market News
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Kenya: Turkey Looking to Make Inroads in Regional Construction Industry
Posted on :Monday , 15th August 2016
The Turkish business community on Friday launched a major drive to popularise their construction and building products with a view to penetrating the East African market.Turkish Ambassador to Kenya Deniz Eke said Turkey manufacturers were ready to form partnerships with Kenyan traders to promote their products.Ambassador Eke said. . .Plans for Nairobi city road network laudable
Posted on :Friday , 12th August 2016
At the weekly State House Summit yesterday, plans for the construction of a Sh38 billion overpass from Mlolongo suburb to Westlands and the imminent launch of a Sh15 billion light train between Jomo Kenyatta International Airport and the city centre were unveiled. These are key projects that will surely transform the lives of city commuters in a big way. And they couldn't have come at a b. . .
President Uhuru Kenyatta's road dream for Nairobi road network
Posted on :Friday , 12th August 2016
An elevated road with two lanes is part of President Uhuru Kenyatta‘s plan to decongest Nairobi. The Sh38 billion double-deck road between Mlolongo and Westlands that is set to be constructed from next year, when completed, will render the city‘s traffic nightmare a thing of the past.Motorists would, however, have to pay every tim. . .CS Macharia says roads expansion among key Jubilee feats
Posted on :Thursday , 11th August 2016
Speaking on Capital in the Morning show, Macharia stated that the government has accelerated the process of construction and tarmacking of roads countrywide to serve all Kenyans.He pointed out that a major achievement is the construction of the Isiolo-Moyale Road connecting Kenya to the Ethiopia border, which when completed will be about 500 kilometres.. . .Chinese investments in Kenya hit Sh663bn, FM Wang says
Posted on :Thursday , 11th August 2016
Wang said the Chinese investments and commitments to Kenya in the last three years were mainly in infrastructure and the establishment of industrial parks in Kisumu, Mombasa and Nairobi.
“It is our hope that mega projects like the Standard Gauge Railway (SGR) will leverage Kenya’s position as a regional trade and investment hub,” Wang said.
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