Market News

Tetra Tech Inc will oversee development of phase 1 of Konza city following the signing of a contract between them and Konza Technopolis Development Authority (KoTDA). Colorado-based Tetra Tech was selected as the Master Delivery Partner 2 (MDP2) in the Kenya’s smart city construction project. . . .

Businessman Naushad Merali has made plans to construct a US$23m office block in Westlands, Nairobi. Rivaan centre is conveniently located just off Waiyaki way and Brookside drive. Located on the periphery of Westlands, it is minutes away from the CBD and Gigiri and is in the heart of Nairobi’ . . .

Qatar is seeking to enter into the Kenya real estate market. A delegation of Qatari Businessmen Association (QBA) has already visited the Kenya’s Minister of Foreign Affairs and International Trade, Amina Mohamed in a bid to improve ties between the two countries.   The Minister has sta . . .

Construction of the Juba-Bor road has started after the signing of an agreement between the Jonglei state government and UNMISS. UNMISS is a Korean contingent of engineers who work for United Nations’ peacekeeping mission in the country.   The contract, signed a week ago, will see UNMIS . . .

The hotel industry in Kenya is set to receive a boost following the setting up of five medium-sized new hotels in the country.   The hotels are going to be constructed in various parts of Nairobi, with construction works expected to kick off this year. Once complete, the new hotels will incre . . .