From the grand opening of the Two Rivers Mall to the groundbreaking rite for Africa’s tallest building, these were Construction Kenya’s biggest stories of 2017.
- Kenya’s largest shopping mall, Two Rivers, opens in Nairobi
Nairobi become the official home of east and central Africa’s largest shopping mall with the launch of the Two Rivers Mall on Limuru Road, an imposing 65,000 square metre shopping facility. Read full story.
- US firm wins deal to build Kenya’s first high-speed highway
US- based engineering firm Bechtel International Inc. signed a Sh230 billion commercial agreement with the Kenya National Highways Authority for construction of a 473-kilometre Nairobi-Mombasa high-speed expressway.
- Vandals cause Sh1.2bn damage to Mombasa-Nairobi railway
In what paints a grim picture of uncontrollable greed, selfishness and lack of patriotism, vandals carted away Sh1.2 billion worth of scrap metal from the Mombasa-Nairobi standard gauge railway barely five months after the Sh327 billion transport facility was inaugurated. Read full story.
- Sh230bn Nairobi-Mombasa highway expansion begins 2018
The much anticipated expansion of the Mombasa-Nairobi highway is expected to begin next year following the looming closure of talks between the Kenyan government and financiers.
The State is hoping to conclude talks with the America’s export-import (Exim) bank for the funding of the Sh230 billion project that will transform the busy road into a dual carriageway. Read full story.
- Construction of Africa’s tallest tower gets underway in Nairobi
Construction has begun on a Sh20 billion mixed-use twin towers development in Nairobi, barely three months after a regional oil marketer signed a deal with a Chinese firm to set up what is primed to become the tallest building in Africa.
The Pinnacle comprises a 5-star hotel and a 300 metres high office block that will overtake the 223 metres tall Carlton Centre in Johannesburg as Africa’s tallest building. Read full story.
- Battle for road tenders hots up as US giant opens Nairobi office
California-based construction giant Bechtel has opened its Africa office in Nairobi from where it will launch its battle for the continent’s big-ticket infrastructure works. Read full story.
- Kenya’s super-rich landlords are selling off Nairobi property
Wealthy property owners are increasingly selling off their mansions and prime tracks of land in Nairobi in a rare turn of events that point to a near peaking of property values in the city.
According to real estate firm HassConsult, land owners in old high class suburbs such as Muthaiga, Karen and Kilimani are now advertising their land for sale, an occurrence unseen previously. Read full story.
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