Venue: KICC, Nairobi, Kenya
Dates: 05 - 07 June 2024
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.
Chinese firm China Wu Yi to construct mega factory in Kenya
A whopping US$ 38m is set to be spent on the construction of a massive factory in Nairobi , Kenya by the giant Chinese firm- China Wu Yi as it seeks to enhance its exposure in the real estate in Kenya.
The board of Director of the company approved the decision that its local subsidiary China Wu Yi Kenya Ltd will construct the building.
“The investment has already been signed out to the Kenya subsidiary China Wu Yi (Kenya) Ltd in Nairobi for the construction and building of the project,” the company said in a statement.
THE FIRST “MILITARY LOGISTICS”FORUM IN INDONESIA WILL BE HELD ON “INDONESIA TRANSPORT, SUPPLY CHAIN AND LOGISTICS 2016”
Indonesia Transport, Supply Chain and Logistic (ITSCL) 2016 will be held on 19 - 21 October 2016, located in Jakarta International Expo, Kemayoran, Jakarta, Indonesia. ITSCL 2016 is the only one exhibition that is dedicated to all product and service providerin Transport and Logistics industry, with the aims to distribute goods and supply chains throughout Indonesia and foreign countries.
This event is organized by Reed Exhibition Panorama (RPE). RPE is a joint venture company between The World's Leading Events organizer, Reed Exhibitions and The Most Integrated tourism companies, transportation and hospitality in Indonesia, Panorama Group. (Read more in www.reedpanorama.com)
Kenya and Ethiopia agree to construct joint crude oil pipeline
Kenya and Ethiopia have agreed on a deal that will see them construct a joint crude oil pipeline linking the two countries, this is after Uganda chose to export her oil through Tanzania’s Tanga port. The oil pipeline will run from Kenya’s coastal town of Lamu to Ethiopia’s capital city, Addis Ababa.
The deal was signed following billateral talks between President Uhuru Kenyatta Ethiopia’s Prime Minister Hailemariam Desalegn during his three day state visit to Nairobi. The deal is part of a joint infrastructure project to incorporate the region under the Lamu Port- Southern Sudan -Ethiopia Transport corridor (Lapsset).
Road construction in Kenya: IFC reached for support
Kenya is now in negotiations with International Finance Corporation (IFC ) for a line of credit of $1.5 billion. The credit is aimed at financing road construction in Kenya.
The road in question is part of the construction of 4,000km of urban roads. In addition, it will be used to fund 6,000 kilometres of rural roads earmarked for funding from state coffers.
Nevertheless, government plans to raise $5.5 billion to be able to complete 10,000km of road construction in Kenya. This follows a move by local banks to decline a request to lend the money to the contractors.
Another 40MW solar power plant in Kenya to be constructed
Another 40MW solar power plant in Kenya is set to be constructed in Nandi County, Kenya this is afterKenya Solar Energy Ltd showed interest in constructing a 40MW plant in Lamu County soon.
Kopere Solar Park Limited which is the company behind the project is currently seeking regulatory approval for them to commence on the construction. The solar plant is projected to cost US$ 10m and will be financed by Climate Investment Funds (CIF) and Martifer Solar which is a Portugal based firm will be involved as the technical partners to develop, build and operate the solar plant during its lifetime.
Chinese firm Wu Yi to carry out major road expansion in Kenya
China Wu Yi, a Chinese based firm is now expected to carry out a major road expansion in Kenya in the next few weeks.
China Wu Yi won the U$158Million project to expand the a 25km stretch of Waiyaki Way starting from James Gichuru Road junction to Mai Mahiu turnoff on the Nairobi-Nakuru highway.
The road expansion in Kenya which is expected to reduce the frequent traffic jams experienced in Kenya’s capital Nairobi is part of the World Bank-funded mega roads expansion project.
The other project that is in the World Bank mission is to converse of the 45.2km road between the Jomo Kenyatta International Airport (JKIA) and Rironi into a superhighway.
Dangote to nearly double production capacity across Africa in next three years
Dangote Cement, Nigeria's biggest listed company, said it aims to nearly double its production capacity over the next three years and half of its output by the end of 2019 will come from African plants outside its home market.
The company, majority owned by billionaire Aliko Dangote and Africa's biggest cement producer, plans new plants in Nigeria which will add between nine-million and 12-million tonnes to its existing capacity and will also expand production into Ivory Coast, Liberia, Mali, Niger, Kenya and Zimbabwe, it said in a presentation on Tuesday.