Suraya launches Spring Valley Business Park in Nairobi

Suraya Property Group is making its entry into the lucrative commercial property market with a state-of-the-art development dubbed Spring Valley Business Park. The business park located along Lower Kabete Road, about a five-minute drive from Westlands, will comprise five office…
Eastern Bypass: Africa’s most expensive urban road

The huge cost of compensating landowners on the route of the 39km Eastern bypass could make it one of Africa’s most expensive urban road projects. The Government has already paid landowners around City Cabanas in Nairobi a total of Sh4.7…
EU extends Sh3.4bn loan to fund Nairobi roads

The project, which will be a joint venture between the ministry of roads and government agencies, targets main roads that inter-link major towns to the capital Nairobi. These include Limuru Road, Enterprise Road, which is set to inter-link with Mombasa…
Chinese firm wins Lamu port tender

China Communications Construction Company has won a Sh38 billion tender to construct the first three berths at the port of Lamu, according to a senior Kenyan official. Silvester Kasuku, chief executive of the Lamu Port-South Sudan-Ethiopia (Lapsset) corridor project said…
Kenya floats tender for JKIA domestic passenger terminal

The Kenya Airports Authority (KAA) has invited international firms to bid for the design, construction and commissioning of a new domestic passenger terminal at the Jomo Kenyatta International Airport (JKIA). On Friday KAA, floated a Sh1 billion (US$12 million) tender…
Kenya construction gains steam after interest rates cut

The Kenyan construction industry recorded significant growth in the second half of 2012, signalling the industry’s recovery after a slump caused by high interest rates. Cement consumption, a key indicator of growth in construction, was four per cent higher in…
Kenya sets up agency for Lamu Port project

Kenya has set up an agency to oversee the implementation of the Sh2.5 trillion (US$29 billion) infrastructure project aimed to improve trade with Ethiopia and South Sudan. The Lamu Port Southern Sudan Ethiopia Transport Corridor (Lapsset) Development Authority will manage…