Venue: The Dome, Nairobi, Kenya
Dates: 04th – 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.
US construction firm shows interest in funding Kenya’s Six-Lane highway
Construction of Kenya’s six-lane highway moved a notch higher after Kenyan and US government and a California-based construction and engineering firm Bechtel held a successful meeting.
Head of the US government’s Overseas Private Investment Corporation (Opic) Elizabeth Littlefield and Bechel signed what they called a letter of interest regarding Kenya’s Six-Lane highway that is Nairobi-Mombasa highway project on the sidelines of the US-Africa Business Forum in New York early this week.
Kenya banks on underground power network to end interruptions
In a bid to end frequent power cuts, utility firm Kenya Power is in the process of implementing a Sh13bn underground power network project in Nairobi. The cabling project is expected to reinforce the Nairobi City Centre bulk power supply system by providing alternative supply to the existing substations.
Kenya launches dualisation of road notorious with traffic jams
Kenya has launched the dualisation of road that will see the road, notorious with traffic jams expanded. The road dualisation project is expected to cost around KSh1.3bn(US$13m).
Ngong road is known for being one of the most congested roads in Nairobi County. A commuter can take several hours before reaching the city centre.World Bank reports that Nairobi loses up to Sh12 billion on monthly basis due to traffic jams.
Dangote shakes Kenya’s cement market with imports from Ethiopia
Nigeria’s Dangote Cement has embarked on a shake-up of Kenya’s cement market with imports of cement from its plant in Ethiopia in preparation for establishment of a local manufacturing plant.
Dangote’s entry into the Kenya’s cement market with low-cost cement from Ethiopia is expected to drive prices downward in a market where they have remained static for almost 10 years.
Kenya to build 20,000 housing units for police
A consortium of four lenders have unveiled plans to build a total of 20,000 housing units for police in an arrangement that will see the government of Kenya make periodical payments to the financiers over a period of up to 15 years.
These housing units, which will include one bedroom, bed sitters and three bedroom units, will cost roughly between Sh18 and 20 billion in a mega homes project funded by tax payer and expected to take four years.
Construction begins for Wangari Maathai Institute in Kenya
The construction of an ultramodern centre at the University of Nairobi in memory of Nobel Laureate Wangari Maathai has kicked off in Kenya.
The Institute estimated to cost US$1.4 billion has been designed by South African firm dhk Architects.
Kenya’s President Uhuru Kenyatta this week laid the foundation stone for the Wangari Maathai Institute for Peace and Environmental Studies at the university.
Kenya’s Pan Paper Mill now reopens in September
Kenya’s paper maker Pan Paper Mill factory will now reopen in mid September, General Manager Y. V Choudray has confirmed. The paper factory located in the western part of Kenya has been facing challenges in acquiring new machinery and upgrading thus pushing back the re-opening date.
