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Election time didn't stop business growth in Kenya

Nairobi goes on with project and developement, agency says

10-09-2017 by redazione

Six months of campaigning and three months of post-election have slowed down Kenya's plans for economic growth, but they do not seem (luckily) to be able to stop the country's development in terms of infrastructure and foreign capital investment in the construction, luxury hospitality and services sectors.
This is what emerges from a recent survey by the South African agency Horvath HTL, which continues to point out Kenya as the top African country for the number of major works and projects underway in the Nation, related to the investment funds that have entered.
In fact, 24 multi-billion dollar projects in Nairobi and the surrounding area, with the tip of the iceberg represented by the Upper Hill Shopping Centre, where there are already luxury multiresidence and hotel projects. A Mall that will have 63 large commercial spaces whose work has not stopped in the election period.
There is still optimism, therefore, among investors and foreign companies that have bet on Kenya.
The second major high-speed railway line in the country, which will link Nairobi to Naivasha and Nakuru, has also begun work on the infrastructure.
With some problems for the contract of the hundreds of workers involved, but with important investments and works that in terms of modernity should outweigh those of Mombasa-Nairobi.

TAGS: Kenya economiaKenya sviluppoKenya infrastruttureNairobi crescita

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