Piron Coralie, the firm’s chief executive was this week quoted by local media as saying: “We are expanding to Uganda and Kenya; we took the decision last year and all of this year we’ve been working on it and we hope to start activities next year.”
Ms Coralie said Thomas & Piron Grands Lacs seeks to enter the Kenyan market as a developer and a contractor.
“We are planning to develop and construct our own projects in various parts of Kenya,” said Ms Coralie, adding that her company seeks to enter Uganda through public tenders.
Kenya, whose population is about 40 million, has an attractive construction sector with an annual demand of about 200,000 housing units against a supply of 35,000 units a year.
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