Venue: The Dome, Nairobi, Kenya
Dates: 04th â€“ 06th June, 2016
Timing: 10.00 am to 06.00 pm
Business Visitors Only
Kenya has a well-developed building and construction industry with quality engineering, building and architectural design services being readily available. This industry is currently on an upward trend following re-habilitation and reconstruction of roads and bridges etc.
With increase in population, and growing demand for affordable housing, opportunities exist in the construction of residential, commercial and industrial buildings including prefabricated low-cost housing. Investors can also manufacture and supply construction materials and components for the sector.
Kenya plans to construct a major airport in the Eastern part of the country,area governor martin Wambora has announced. The multi-million dollar airport in Kenya will be constructed in Embu County. The International Airport is expected to cost US$ 99 Million.
Embu Governor Martin Wambora said his county is currently in talks with the National government along with other partners to ensure that the multi-million dollar airport in Kenya kicks off as soon as possible during his tenure in office.
Two Rivers Mall in Kenya is projected to be opened next month after additional time was used to expand it following the immense demand it received from other retailers.
The mega mall being developed by Centum was initially supposed to occupy 1.2m square feet of land but has currently been increased to 1.7m space of land.
Kenyan developers are now focusing on the markets in the county regions to construct shopping malls; this is according to analysts and realtors.
The analysts argue that the urban areas especially Nairobi has now been filled with so many shopping centres which target the middle class market.
During the 2016 East Africa Property Investment Summit (EAPIS), Britam Asset Manager Chief Economist, Mr. Kenneth Kaniu confirmed the reports and said that apart from the Two Rivers Mall which is scheduled for opening sometime this year, there will be no more space for retails in Nairobi.
â€œBeyond the Two Rivers Mall expected to open by the end of this year 2016, no further retail space will be required in Nairobi.
He further pointed out that some places for instance Naivasha, Nakuru, Kisumu, Nanyuki and Mombasa present brilliant prospects for malls that range between 1,000 to 10,000 square feet.
Construction of Kenyaâ€™s first double decker highway has received the much needed impetus after the World Bank agreed to finance the project. The highway is aimed at decongesting the city.
The road, Kenyaâ€™s first double decker highway, is expected to link Jomo Kenyatta International Airport (JKIA) and Nairobi-Nakuru highway. Construction is set to begin by the end of 2016.
The Nairobi southern bypass in Kenya that has been under construction for a year is nearing completion with the road accessible from the junction of Mombasa road interchange at Ole Sereni all the way to Kabete-Limuru road at Kikuyu town.
According to Kenya National Highways Authority (KeNHA) officials currently the contractor finalizing the project with the erection of all the wall barriers along the bypass adjacent to Kibera area.
Other final touches undertaken in finalising the Nairobi southern bypass is landscaping to beautify the entire section before it can be launched formally â€“ although it is already in use.
KeNHA added that it is highly anticipated that the project will be completed on time.
The standard gauge railway in Kenya will be fully run by Kenyans after its construction is completed the countryâ€™s transport ministry has said. The government of Kenya sees skills transfer as a major issue in order to ensure seamless operation and management of the railway line upon its official launch.
Kenyaâ€™s Principal Secretary for Transport Irungu Nyakera says that the current jobs that are being done by the Chinese will be left to Kenyans who are currently training on Railway technology.
A Chinese firm has began the construction of a major power transmission line project within Ethiopia. The firm China Electric Power Equipment and Technology (CET) announced Monday that it had officially commenced the construction of the Ethiopia-Kenya power transmission line
Expected to cost USD1.26 billion the Ethiopia-Kenya power transmission line is financed by the African Development Bank. It runs about 1,045km, of which 445km is within Ethiopiaâ€™s territory and the rest in Kenya.
The 500 KV transmission line will have the transmitting capacity of 2,000 MW.