MIP WEEKLY CONSTRUCTION INDUSTRY REPORT NO.11
Period: October 12 to 18, 2015
Second Buffalo Mall set to be built in Eldoret
14/10/2015: Business Daily, Page 19
- Eldoret town is set to welcome a new shopping complex; Buffalo mall in 2 years’ time following a joint effort between local and South African Investors.
- The mall will occupy 14,250 SM and will be located along Kisumu road outside Eldoret town centre to increase accessibility.
- The mall will be constructed with middle-class residents in mind
Building Materials top imports at the Port’s Cargo discharge section
14/10/2015: Business Daily, Page 17
- Construction commodities topped discharge operations at the conventional cargo section, recording an average performance of 22,522 metric tonnes per day.
- Bulk clinkers for Cement Manufacturing accounted for 57,910 tonnes and steel imports about 24,535 metric tonnes.
Cash Crunch pushes cost of loans to new high, as tax declines
15/10/2015: The Standard, Home & Away Magazine, Page 7
- In line with the plan to renew the city by upgrading old neighbourhoods into modern estates launched in July 2015, Old Ngara estate will be the first to be upgraded to New Ngara. This will be done through construction of 5 blocks of 24 storey apartments with 1050 that will sit on 5.9 acres.
- Pangani estate which has 12 blocks each with 4-2 bedroom units will be renamed new Pangani Road estate. It will have 4 blocks of type A apartments with 1050 unitsJee Vanjee estate which currently has 80 units of 2-3 bedrooms, will accommodate 1470 units of one, two & three bedroom(s) apartments
- Jeevanjee estate which currently has 80 units of 2-3 bedrooms, will accommodate 1470 units of one, two & three bedroom(s) apartmentsNgong Road estate, Uhuru estate, Pumwani
- Ngong Road estate, Uhuru estate, Pumwani maternity and City Mortuary will also be upgraded.
A proposal to have all building licences under one roof made
15/10/2015: Daily Nation, DN2 Magazine, Page 5
- The Acting Land Cabinet Secretary Dr. Matiangi has made a proposal to have all construction licences centralised. The developers would only have to apply for the necessary licences at the Kenya Revenue Authority, instead of moving from office to the other to get various construction permits.