Market News
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Chinese firm to build new industrial park in East Africa
Posted on :Wednesday , 9th September 2015
China Civil Engineering Corporation (CCECC) has concluded a US$246mn deal with Ethiopia’s Industrial Parks Development Corporation (IPDC) for the construction of the Hawassa Industrial Park
Ethiopian firm MH Engineering has been appointed as a consultant on the project, which will be completed in nine months. The industrial park will focus on garment man. . .
Sino Cement to invest US$20mn in Africa\'s Construction Industry
Posted on :Tuesday , 8th September 2015
Sino Cement Zimbabwe is setting up a brick and tile manufacturing unit in Gweru, Zimbabwe at the cost of US$20mn
Brick Factory - adam fletcher - Wikipedia CommonsThe unit will create about 200 local jobs and manufacture about 60mn bricks annually.The cement producing company is a subsidiary of China National Materials Group Corporation (SINOMA), which is admin. . .
Uganda: Real estate market showing signs of recovery
Posted on :Monday , 7th September 2015
Uganda’s property market has continued to show signs of recovery in the retail and office sectors, amid concerns over high interest rates and volatility of the shilling.
Retail performance, according to crane management services, remained vibrant during the first half of the year, with most shopping places registering more than 90% occupancy.
Construction of Mombasa to Nairobi pipeline complete by 2016
Posted on :Saturday , 5th September 2015
The construction of the 20 inch Nairobi to Mombasa in Kenya oil pipeline will be completed by end of December 2016, officials have said. Permanent Secretary in the Ministry of Energy and Petroleum Joseph Njoroge told Xinhua in Nairobi that the 485 million U.S. dollar pipeline will reduce the cost transporting fuel from the port of Mombasa to Nairobi by almost half.
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Tender for the construction of the Kenya-Uganda pipeline to be announced
Posted on :Friday , 4th September 2015
A tender for the construction of the US$ 4bn Kenya-Uganda pipeline that is expected to cover 1,500km is set to be announced before the end of this year.
The construction project has been incorporated into the Lamu Port- South Sudan-Ethiopia Transport Corridor (Lapsset) infrastructure project.The Lapsset Corridor Development Auth. . .Please Select an Option
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