Nairobi commuter rail project draws top global firms

The Sh24 billion Nairobi commuter rail project has attracted leading players in global infrastructure projects, Business Daily has reported. The newspaper reported that 17 companies including Samsung, Hyundai and leading rail companies from Europe and China had tendered for the…
Groundbreaking held for Sh40 bn Sergoit Golf Resort

A ground-breaking ceremony has been held for a Sh40 billion golf and wildlife resort near Eldoret town in Uasin Gishu County. Dubbed Sergoit Golf and Wildlife Resort, the development which is set on 3,100 acres about 15km north east of…
Construction begins on Mount Kenya Wildlife Estate

Construction has begun on a new luxury housing estate at Ol Pejeta Conservancy, a private wildlife sanctuary located in Laikipia County. Dubbed Mount Kenya Wildlife Estate, the development is set on a 1,000-acre parcel of land on the eastern boundary…
Construction begins on Nairobi Business Park 2

London-based private equity fund Actis has launched the construction of the second phase of its Nairobi Business Park project along Ngong Road in Nairobi. The Sh1.8 billion development, which will comprise five office blocks, will create additional 15,000 square metres…
Developer invests Sh2 billion into Syokimau housing estate

SJR Properties, a Nairobi-based property developer, has invested Sh2 billion into the construction of a new housing estate in Syokimau on the outskirts of Nairobi. Dubbed Athi View Estate, the project that targets middle to high income earners comprises 350…
Stima Sacco in loan deal for Syokimau homes

Stima Investment Co-operative Society has signed a Sh395 million loan deal with Shelter-Afrique for the construction of a gated community housing project in Syokimau near Nairobi. According to Shelter Afrique managing director Alassane Ba, the money will be used for…
Lamu-South Sudan oil pipeline to start June 2013

Construction work on a 2,000-kilometre crude oil pipeline between Kenya and South Sudan is scheduled to begin next June following the signing of an agreement between the two countries. The agreement for the construction was signed in Nairobi last week…