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Kenya Inks U.S.$200 Million Dam Construction Deal At Paris Talks
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- Category: Building & Interiors
- Published on Monday, 07 December 2015 11:57
- Written by Super User
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Kenya has signed a $200 million (Ksh20 billion) financing agreement with the World Bank for the construction of a dam at the ongoing climate talks in Paris.
The construction of Mwache dam in the country's Kwale County is expected to serve residents of the country's coastal city of Mombasa with 186,000 cubic meters of water a day. It will also supply residents of neighbouring Kwale County.
Mombasa County Governor Hassan Joho, who signed the deal along with Kenya's Water and Irrigation Services Cabinet Secretary Eugene Wamalwa, said the dam would ease a biting water deficit where the county only supplies 46,000 cubic meters to residents.
Read more: Kenya Inks U.S.$200 Million Dam Construction Deal At Paris Talks
Crown Paints to construct a manufacturing plant in Western Kenya
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- Category: Building & Interiors
- Published on Saturday, 28 November 2015 04:46
- Written by Super User
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Crowns Paints Kenya Ltd is planning to construct a factory in the Western Kenya that will help reduce cost of transporting paint from its Nairobi plant.
The new plant which is also expected to help increase the output of the company will cost US$ 4m for it to be complete.
Chief Executive of Crown Paints Rakesh Rao confirmed the reports and said that the new plant will foster growth and better service in that region since that have received a high percentage of sales from there.
“Forty per cent of our sales come from this region and this plant will enable us serve the area better,” Rakesh said.
Read more: Crown Paints to construct a manufacturing plant in Western Kenya
Sameer Africa to construct a stadium in Kenya
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- Category: Building & Interiors
- Published on Wednesday, 25 November 2015 10:22
- Written by Super User
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Sameer Africa Group is planning to construct a 26,000-seater stadium in Kenya that will encourage the development of sports in that region. The stadium will be constructed in Nandi County.
Sameer Africa which is owned by Naushad Merali signed a Memorandum of Understanding (MOU) with Nandi County Governor Cleopas Langat on the construction of the stadium and the investment firm pledged to add more money to the infrastructural development of the county.
According to Merali, construction of the project is expected to commence in January next year and is projected to cost US$ 0.5m.
Kenya to build cruise ship terminal at its biggest port
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- Category: Building & Interiors
- Published on Saturday, 21 November 2015 04:41
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Mombasa - East Africa's biggest port of Mombasa will spend 100 million shillings ($980,392.16) to build a new cruise ship terminal aimed at boosting tourism, port management said on Wednesday.
Piracy in the Gulf of Aden and the Indian Ocean struck a major dent into cruise tourism in the region, but the industry has rebounded since 2011, with enhanced naval patrols and deployment of armed guards on vessels.
"Before we used to receive 40 cruise vessels per year with 40,000 tourists," ports spokesman Hajj Masemo told Reuters, adding the number had dropped to near zero due to piracy.
Also read: CBK freezes licensing of new commercial banks
Read more: Kenya to build cruise ship terminal at its biggest port
