Market News

  • Qatar seeks to construct major project in East Africa

    Posted on :Tuesday , 2nd February 2016

    Diversified Qatari real estate firm Ezdan Holding Group has announced its interest to enter the Ethiopian market with a proposed  mega tourist project in Ethiopia. The proposed 150,000m² resort construction project will features a high-quality technical specifications in terms of facilities and services which will contribute in raising the quality of real estate products available in . . .

  • Construction firm Murray and Roberts wins big with new International contracts

    Posted on :Saturday , 30th January 2016

     Construction firm Murray and Roberts has announced that its subsidiaries, Clough and CH-IV International have secured contracts for projects in the oil and gas sectors in South Korea and the US.

     
    Construction firm Murray & Roberts, a group of world-class companies and brands is a JSE listed group with headquarters in Johannesburg, South Africa.
    . . .

  • Major road in Kenya to be expanded into dual carriage

    Posted on :Friday , 29th January 2016

     A Japanese firm has been awarded a US$ 13m contract for the expansion of a major road in Kenya into dual carriage, the  Kenya Urban Roads Authority (KURA) has announced.

     
    The Japanese company, World Kaihatsu Kogyo (WKK) is set to commence operations in April this year and will in entails the installation of traffic signals, street lights and walkways to be. . .

  • Kenya�s Nairobi County sets aside US$ 60.5m for roads construction

    Posted on :Thursday , 28th January 2016

     Kenya’s Nairobi County has set aside US$ 60.5m that will be used for the construction, rehabilitation and maintenance of roads in Nairobi and this will lead to the ease of traffic that is majorly experienced in the city.

     
    Nairobi Governor Evans Kidero confirmed the reports and said that this initiative will eventually lead to effective service delivery to. . .

  • Investment holding firm to construct mega cement plant in Africa

    Posted on :Wednesday , 27th January 2016

     Investment holding firm Zambia Consolidated Copper Mines (ZCCM-IH) is set to construct a cement plant in Zambia,Chief Executivve Officer of ZCCM-IH, Pius Kasolo has said. The plant will be set up at Ndola Lime on the Copperbelt with an initial investment worth $600 million.

     
    Mr Pius Kasolo said the plant would be completed in three years time and is expected to. . .

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