Market News
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Construction of Kenya�s tallest skyscraper kicks off
Posted on :Tuesday , 17th February 2015
Construction of the Kenya’s tallest skyscraper, 40 storey Hazina Trade Centre in Nairobi has started. The tower will be constructed atop the existing 8 storey Hazina Trade Centre located on Moktar Daddah Street and currently hosting one of Kenya’s main chain stores, Nakumatt Lifestyle.
China Jiangxi International has been contracted to construct th. . .Algeria records increased imports in construction materials
Posted on :Thursday , 12th February 2015
National Statistics and Data processing centre (CNIS) has reported that the quantity of imported construction materials in Algeria increased by 15.6% in 2014.
According to the report, imported quantities of main building materials such as wood, cement, iron, ceramic and aluminium rose to 10.13 million tonnes in 2014 from 8.92 million tonnes in 2013, representi. . .Kenya: Meru to construct 120 km of road in the planned annuity roads program
Posted on :Thursday , 12th February 2015
Governor of Meru Peter Munya has said this week that the county will benefit from the planned governments’ annuity roads construction program by building 120km of roads, after talks with the national government bore fruit.
Talks held between the governor, Meru senator Kiraitu Murungi, and Transport Cabinet Secretary Michael Kamau were held as the county . . .Algeria to start construction of Bellara Steel Complex this year
Posted on :Tuesday , 3rd February 2015
Construction of the US$2 billion Bellara steel complex construction will kick off in the first quarter of this year 2015 in Jijel East of Algeria, the prefect of Jijel, Ali Bedrici has said.
The steel project will help the country to produce 4 million tons of steel per year in the second phase of construction, but is designed to first assist in producing 2 mil. . .Ole Sereni hotel to spend US$ 20m on expansion plans in Kenya
Posted on :Saturday , 31st January 2015
Ole Sereni, Kenya’s five-star hotel brand, has decided to embark on a US$ 20m expansion project starting February, this year.
Ole Sereni’s General Manager, Ghulam Samdani said that the new hotel would be located adjacent to the current one.He further pointed out that they have decided to expand because they have been. . .Please Select an Option
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