Market News

The justice ministry has been receiving bids since June 12 when they announced expression of interest for construction of the complex to be called JLOS House. The complex will be constructed under a Public, Private Partnership (PPP) arrangement, according to a statement from JLOS. Jim Mugunga, the . . .

Previous, the construction of the port at Mbegani creek was estimated to begin next January but speed of negotiations permitted the project to kick off this year, thanks to Big Results Now (BRN) initiative. The Tanzania envoy to China, Mr Abdulrahaman Shimbo told ‘Daily News’ . . .

With an initial budget of over a billion shillings, the development of 30 Swedish style villas on 8.5 acres is now underway after the project launch at the Swedish Ambassador’s residence in Nairobi last week.   The project is the brainchild of Fred Andersson, the Swedish entre . . .

Louis Berger, an engineering services company based in US has secured a five-year contract for construction works to improve a section of the Yaoundé-Douala highway in Cameroon. The contract is a five-year engagement that will see the country’s Yaoundé diplomatic region connected . . .

Arab Contractors Company (AC), Egypt’s leading Construction Company is set to sign a new contract for implementation of various housing projects in Algeria this month. The contract is to be signed this month between the Government of Algeria and the company, according to the Chairman of Arab . . .