construction of major highway at Kenya’s Coastline to Start
Kenya National Highways Authority (KeNHA) has confirmed that the construction of a major highway at Kenya’s Coast is set to begin later this year. The Garsen-Witu-Lamu road in Kenya is expected to boost business and economic growth in the area once complete.
KeNHA made an official announcement stating that the paving of the road will begin following the advertisement of the tender in the daily newspapers. The successful contractor will be expected to sign a fixed price contract with the road agency so as to ensure that detailed designs and construction works are being provided.
Construction industry in Kenya posts ravishing growth despite valuable interest rates
The construction industry in Kenya defied high interest rates to post impressive growth, a new report by Kenya National Bureau of Statistics (KNBS) reveals.
Data released by KNBS, reveals that the sector grew by 14.1 per cent in the third quarter of 2015 compared to 8.8 per cent over a similar period in 2015.
Construction loans to the sector grew by Sh22 billion (or 28 per cent) from Sh79 billion to Sh101 billion during the year.
Construction work on Konza technology City in Kenya to start in March
The groundbreaking of the US$ 12m Konza Technology City in Kenya will finally begin in March this year months after stalling allowing the development of the mega project to kick off.
Konza Technology City Development Authority (KoTDA) CEO Eng John Tanui confirmed the reports and said that the first phase comprising of 21 parcels of land on 60 acres is ready for investment starting this year.
“We will be doing the groundbreaking of the US$ 12m mixed use facility to host our offices, commercial and residential units in March this year as well as putting up the first schools,” said Eng Tanui. “In addition to this, we are completing the design for the provision of utilities including waste water management, street lighting, water, power and Internet systems to ensure that these are laid out in the right way before construction of the same begins in the next financial year,” he said.
BUILDEXPO AFRICA 2016 ramps up with bigger, better venue
Africa’s largest international trade exhibition for the Building and Construction industry BUILDEXPO AFRICA returns this year with a much brighter event at a brand new, larger and conveniently located venue. From June 04 - 06, 2016, The Carnivore in Nairobi, Kenya, will see tens of thousands of buyers and visitors from across the world foster partnerships and collaborations in the rapidly expanding Industry.
With as much as 15,000 square mts. of exhibition space, the 19th edition of BUILDEXPO AFRICA offers a nearly 60% increase in size from last year at the new venue. More than 400+ exhibitors will be comfortably accommodated across the three areas at The Carnivore, up 18% from 2015. In anticipation of increased footfalls, the industry’s biggest players from all over are preparing to welcome more than 10,000 buyers and trade visitors expected to attendfrom around the African continent.
