Market News

  • Construction of Sh12b cement plant in Kenya to kick off next year

    Posted on :Thursday , 24th September 2015

     Construction work for the long awaited multi-billion cement processing factory project at Sebit in West Pokot County will kick off early next year, company officials have confirmed. Cemtech limited, a subsidiary of India's Sanghi Group of companies will begin construction work for the Sh 12 billion factory after approval by engineers who had earlier raised queries over its site among othe. . .

  • CHINA FUNDED MOMBASA-NAIROBI RAILWAY TO BE EXTENDED

    Posted on :Thursday , 24th September 2015

    China recently endorsed a new deal with the Kenyan government to extend the Mombasa-Nairobi Standard Gauge Railway (SGR) line to Naivasha. This was a follow-up to the $13.8 billion project that started in January, which is aimed at easing and increasing transport capacity in Kenya vis-a-vis other East African countries. It will also aid interconnection and regional integration, the outcome of w. . .

  • Major cement plant in Kenya to be constructed

    Posted on :Thursday , 24th September 2015

    Cemtech Limited is set to commence in January the construction of a US$ 95m cement plant in Kenya in West Pokot County.

    The feasibility study for the project which was commissioned in 2010 by the Kerio Valley Development Authority (KVDA) shows that the area has large limestone deposits with the possibility of producing 1.2 million tons of cement annually.

    Cemtech&r. . .

  • Kenya: Nairobi County Govt to Spend Sh953 Million to Rehabilitate Roads

    Posted on :Thursday , 24th September 2015

    Kenya to host Sh23bn machinery plant

    Posted on :Wednesday , 23rd September 2015

    The manufacturing sector will benefit from Sh23 billion boost after a Kenyan firm Bico partnered with German machinery maker Liebherr Group to establish an assembly plant in Nairobi. Speaking in Kilifi, Bico-Liebherr founder Andrew Malunga Buraje said they are finalising the necessary investment documentation before the plant is put up in Nairobi towards the end of this year. "We have put . . .

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