Company News
Egyptian Firm Opens Nairobi Office, Eyes Mega Projects
The company is eyeing lucrative projects in Kenya’s infrastructure sector.
Egyptian construction firm Arab Contractors is setting up a subsidiary firm in Kenya, underlining the country’s importance as a business hub for the region.
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.
It joins a growing number of global construction firms that are expanding to Kenya, including US-based X-Calibur Construction Chemistry Inc., BASF, Chryso Southern Africa Group, and Engineering Consortium of Dubai, among others.
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 Arab Emirates where operations are presently run.
RELATED: US Firm to Set Up Concrete Admixtures Factory in Nairobi
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.
Kenya Bets on South Korean Tech to Solve Housing Woes
Aluminum formwork enables faster construction with reusable molds.
State Orders Removal of Asbestos Roofs in 90 Days
Asbestos causes mesothelioma, a cancer that is difficult to treat.
Savannah Takes on Amsons with Sh25bn Bamburi Bid
Amsons recently offered Sh23.6bn to acquire 100% of Bamburi shares.
China on Brink of Sh180bn Highway Deal with Kenya
Talks are underway for China to fund a new highway and rail extension.
Work Begins on Sh11.6bn Geothermal Plant in Nakuru
The Chinese-funded Orpower 22 power plant will take 17 months to complete.
Mukuru Affordable Housing Handover Set for December
Bedsitters will rent for Sh3,200 per month on a 30-year rent-to-own plan.