Locals are being left out in the tendering of public infrastructure deals.
This comes at a time when Kenyan cement manufacturers are going through tough times.
Raysut supplies about 300,000 tonnes of clinker to Kenya and Tanzania every three months.
East Africa's industrial space demand will surpass all other African regions.
Analysts predict a sharp drop in the number of solar installations this year.
Mr Raval is setting up two cement factories at a cost of Sh3 billion.
The task is likely to prove expensive for both the State and the economy.
Kenyan experts will aid formation of home-made solutions to the local housing problems.
Taj Mall, which opened in 2011, is said to have encroached on the road reserve.
Shrinking demand for space has empowered tenants in lease negotiations.
Amsons Group offered Sh23.6bn to acquire 100% of Bamburi shares.
The company has secured financial backing for a 300MW geothermal project.
Yapı Merkezi is expected to complete the 272-kilometre railway in 48 months.