Industrial Parks Development Corporation announced that it has allocated one billion USD to construct over ten parks in Adama, Makalle, Kombolcha, Jimma and Bahir Dar towns.   Briefing journalists on Corporation current activities yesterday, Corporation CEO with the Rank of State Minister Sisay Gemechu said that the government plans to construct ten new industrial parks in Growth and Transformation Plan II period. The construction of.... Read more »

Posted on : Tuesday , 15th December 2015

The Lagos State Government has approved the construction of flyover bridges for two of the state's high-density traffic zones - Ajah roundabout and Abule Egba junction. The two major projects were approved by the State's Executive Council and have been duly awarded to contractors for a speedy commencement of work.   In a statement yesterday by the state's Commissioner for Information and Strategy, Mr. Steve Ayorinde, the projects will be.... Read more »

Posted on : Tuesday , 15th December 2015

 A Loan Agreement was signed today in Kigali between the Republic of Rwanda and Kuwait Fund for Arab Economic Development whereby the Fund will extend a loan of Kuwaiti Dinars Four Million and Five Hundred Thousand Kuwaiti Dinars (K.D. 4,500,000/-), approximately 15.3 million US Dollars, to help finance the Nyagatare-Rukomo Road Project.   The Loan Agreement was signed on behalf of the Republic of Rwanda by H.E. Mr. Claver Gatete -.... Read more »

Posted on : Tuesday , 15th December 2015

Kampala — The construction of Uganda Sukulu phosphate factory in Tororo District has got a boost of $240 million (about Shs787.7b) at the China-Africa Investment and Financing Forum held in South Africa.   Industrial and Commercial Bank of China (ICBC) in cooperation with the Standard Bank Group will disburse the money in tranches to Guangzhou DongSong Energy Group Company Ltd which is the project developer.   The company,.... Read more »

Posted on : Thursday , 10th December 2015

The Roads Authority (RA) yesterday signed three contracts worth about N$2.6 billion for the rehabilitation and upgrading of three road projects.   "The Roads Authority has been talking about some of the major projects in the history of the country and today these projects will become reality," said RA's chief executive officer, Conrad Lutombi, during the signing ceremony to initiate the projects.   Lutombi explained that.... Read more »

Posted on : Thursday , 10th December 2015

Pretoria — The Lephalale Local Municipality will spend R20 million upgrading a road in Ga-Monyeki village, in Limpopo.   The six-month project will create about 40 jobs and will improve access to remote areas in the municipality.   This is the third road to be upgraded in a rural village in Lephalale this financial year as part of the municipality's commitment towards rural development.   Lephalale Mayor Jack Maeko.... Read more »

Posted on : Thursday , 10th December 2015

 Tanzania has signed a deal with Japan for nearly US$400mn to develop major roads in the country road jbdodane flickrImproving the quality of roads in Tanzania is a primary concern for JICA and the country's transport authorities. The Japan International Cooperation Agency (JICA), on behalf of the Japanese government, will provide the money. Along with the African Development Bank (AfDB), JICA will improve a 230 km-long.... Read more »

Posted on : Thursday , 10th December 2015

 Construction industry in Egypt  has been projected to grow by eight per cent in 2016 after an estimated 9.8 per cent in 2015, the Egyptian Ministry of Finance has reported. The report reveals that the growth due to the steady support of the sector by public private partnerships (PPPs) and the growing infrastructure project pipeline in the country reinforce our positive outlook for Egypt’s construction industry in 2016, said a.... Read more »

Posted on : Wednesday , 9th December 2015

 Construction of  8,000 kilometres of tarmac roads in Kenya is set to begin in a week’s time to ease transportation of goods and passengers and boost the country’s economy, Transport Principal Secretary John Mosonik  has said.   He said that the construction of the tarmac roads in Kenya will involve the tarmacking of roads in various parts of the country; about 16 Nairobi-Mombasa highways to ease transportation.... Read more »

Posted on : Tuesday , 8th December 2015

 The World Bank will support the construction of a dam in Kenya  to provide enough water to residents. This follows a financial agreement that was signed by Kenya and the  World Bank to the tune of  US$ 200m to help in the  construction of Mwache dam in Kwale County.   The agreement which was signed during climate talks in Paris is part of a larger project under the Paris Pact Flagship Project that targets to.... Read more »

Posted on : Tuesday , 8th December 2015

 A Turkish construction company has partnered with Unicef to build a school in Nigeria aimed at enabling hundreds of children get education.   Turkish prefabricated housing firm Karmod, will construct the school in Nigeria’s Borno province.   The first phase of the project will see the building of 30 mobile prefabricated classrooms with desks, chairs, cabinets made and sent by Karmod.   In the school each.... Read more »

Posted on : Saturday , 5th December 2015

Duth Contractor BAM International (BAM) has recently announced that construction works of the new Terminal 3 at the Julius Neyerere International Airport (JNIA) have so far reached a completion of 65%. The license to start the construction of the new EUR 100 million terminal, was awarded by Tanzania Airport Authority (TAA) in November, 2015 and follows rehabilitation works of the Terminal 2 whose project was awarded between 2005 and 2006 for.... Read more »

Posted on : Friday , 4th December 2015