The company, which last month signed a deal to establish the new company, is setting its sights on lucrative projects in Kenya’s roads, bridges and infrastructure sector.
According to Ibrahim Mabrouk, the firm’s head of East and West Africa, Arab Contractors hopes to establish new roads in the country in partnership with other leading contractors.
Arab Contractors – whose workforce stands at over 77,000 employees, is one of the leading construction companies in the Middle East and Africa.
X-Calibur recently announced plans to launch its Nairobi office that will serve as its Middle East and Africa headquarters – effectively shifting base from the United Arabs Emirates where operations are presently run.
Last July, South Africa chemicals maker Chryso Southern Africa Group announced plans to establish a concrete and cement additives plant in Nairobi, a facility hoped to make the firm more efficient in serving the East African region.
BASF, the world’s largest chemicals manufacturer by sales, has already established a Sh1.2 billion plant for concrete admixtures on Mombasa Road.
Dubai-based Engineering Consortium last year opened its East and Central Africa office in Nairobi to provide in-house design and supervision of architectural, structural, infrastructure and other related works for all types of buildings.
The entry of multinationals in the Kenyan market cements the country’s position as an investment hub for the East and Central Africa region.