M a r k e t N e w s

Tallest building in Africa - Construction work begins

Posted on : Wednesday , 29th November 2017

 Work has commenced on the construction of Africa’s tallest building in Kenya. His Excellency; the President of Kenya laid the foundation stone to this landmark project recently. The twin tower development dubbed Pinnacle Towers will have 70-floors with mixed-use purpose, and will be located in Nairobi’s Upperhill area. 

 
With cost of US$ 194m for it to be complete, the building will have the highest viewing deck in Africa. It is expected to include a 45-floor Hilton hotel which is being developed by Hass Petroleum and White Lotus Group and at 900 feet there will also be 200 residential houses run by Hilton Hotel that will include one bedroom, two bedrooms, and three bedroom fully furnished luxury apartments.
 
“Pinnacle Towers will also have a helipad at over 800 feet, making it the highest on the continent. We thought it wise to put the helipad here so that people can fly directly to the hotel and beat Nairobi’s hectic traffic,” Hass Petroleum Executive Chair, East and Central Africa Abdinasir A. Hassan said during the laying of the foundation. White Lotus Group is an American Real Estate Development Firm which optimizes design, financing, implementation, delivery, and operation of complex or re-purposed real estate assets.
 
The developers till now have spent upwards of US$ 14m in the construction of the foundation and preparation of the area. The total cost is expected to be fully funded through equity and debt. The Pinnacle Towers will be counted among the tallest buildings in the world with Dubai’s Burj Khalifa being the tallest currently at 800M, Malaysia’s Petronas Towers standing at about 400M which compares well with The Pinnacle’s 300M.
 
The project is slated to be completed by December 2019, although the 255-room hotel may be completed earlier so as begin early operations.

Source : Bizmart
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • Mantrac Kenya Ltd. is the sole authorized dealer for Caterpillar Products in Kenya.
  • Roadside Products Pty Ltd is the manufacturer and distributor of Dura-Post Guide and Marker Post Systems.
  • Exporter of Alloys & tool steel
  • Stylam Industries Limited, where creativity and skills meet with each other to change the definition of a range of laminates
  • Adhesives and Sealants for the Automotive, Electronics and Consumer Industries
  • Apex Steel is amongst Kenya
  • Manufacturing of various kind of Road Building Machinery.
  • SIDC Ceramic Plant is a state of the art blend of European technology and expertise.
  • HawkeyePedershaab is the world’s leading provider of innovative solutions for the concrete pipe and manhole markets
  • BUILDesign magazine is the voice of architecture in Kenya. We sit at the heart of the debate about Kenyan architecture and form opinions across the whole construction industry on design related matters.
  • The company was founded by Luther O. Draper in 1902 to manufacture window shades for schools, and that was Draper
  • Crown has grown to a company with an annual turnover of 4.4 Billion Kenya Shillings and now produces 2 Million Litres of paint per month
  • ACTION CONSTRUCTION EQUIPMENT LIMITED (ACE) is India’s leading material handling and construction equipment manufacturing company with over 54% market share in mobile cranes segment.
  • Varsiva Enterprises Ltd is a major importer and exporter of construction equipment and machinery.
  • Trade Exhibition
  • Mammoth civil engineering projects involving extended financial outlay and gigantic machineries are invariably undertaken by experienced companies whose track record in engineering expertise and an  estimable client portfolio not only commands respec
  • Manufacture a full line of Toilet Partitions, using a high pressure decorative laminate, phenolic core laminate, high density polyethylene plastic, powder coated steel, stainless steel and solid surface materials. We manufacture high pressure laminat
  • Saudi Marble & Granite Factory Co. Ltd. (SMG), a pioneer in Saudi Arabia’s mining and construction industries.
  • Our main line of business involves the supply, fabrication, delivery & erection of structural steelwork complete with roofing, cladding and all rainwater goods
  • Products includes concrete production & placement Machinery, formwork solutions, precast yard setup etc.
  • Our products are widely used in industries of metallurgy, nonferrous metals, machinery, construction materials, petrochemicals, pharmacy, fertilizer and chemistry.
  • Specialists in wall tiles, floor tiles & wall/floor tiles.
  • PIC8 Forniture Industriali
  • Manufacturers of the Glory brand of paints
  • ECAT is an independent manufacturer that is leading the Egyptian market in water based flexographic inks and varnishes for over 20 years (previously promoted as Wafa chemical).
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2017 Afrotrade