Market News
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Kenya beginning construction of the largest dam in East Africa
Posted on :Wednesday , 29th November 2017
Kenya is on it's way to construct the the largest dam in East Africa. Thwake dam will be constructed in the Eastern part of the country.
On 15th Nov 2017, the government signed a Ksh.36.9 billion contract with Chinese contractor China Gezhouba Construction Group Corporation, paving way for work to start. As a part of the Vision 2030 initiative, this project is jointly funded by the Keny. . .
Kenya-Tanzania, transnational highway project set to start in 2018
Posted on :Friday , 17th November 2017
With the African Development Bank (AfDB) looking for financial partners capable of investing US $385.2m towards the construction of the highway connecting Kenya and Tanzania, construction work on the US $751.3m Kenya-Tanzania Highway is set to begin in 2018.
According to AfDB Chief Regional Program Officer, Lawson Zankli, US $289m has already been set aside fo. . .New US $30m Office Complex For Road Authorities In Kenya
Posted on :Friday , 17th November 2017
The Kenya government in partnership with the World Bank is funding the construction of a mega project which is being developed by Chinese firm-Aviation Industry Corporation of China (AVIC). The US $30m road authorities office complex in Nairobi, Kenya is currently 40% complete is expected to be ready for occupation in late 2018.
KeNHA director-general Peter . . .State of the art expressway to be constructed in Kenya, Investment of US$2.9bn
Posted on :Tuesday , 5th December 2017
Kenya is planning on constructing a brand new road connecting Mombasa and Nairobi instead of expanding the existing highway. Scrapping the plan to upgrade the current road into an expressway, the government has decided to construct a brand new six-lane expressway that will run alongside the existing road.
In three years, traveling from Mombasa to Nairobi will have at least four major co. . .
New Building Materials Manufacturing Unit in Kenya
Posted on :Thursday , 26th October 2017
Ceramic tiles, construction hardware, bathroom and kitchen appliances are among the products that will be manufactured at Kenya’s newest plant for building materials.
The project is headed by China Wu Yi. The firm is currently in the finishing stages of an upcoming precast building materials manufacturing unit in the Machakos County.Please Select an Option
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