Thursday, May 1, 2014

China to Build "Dubai-like" City in Kenya

The Nairobi Sunday Nation reported earlier this month that Chinese investors plan to build outside Nairobi a $750 million "Dubai-like" city that is intended to be a major shopping destination for Chinese projects.  The Kenyan Construction Business Review questions if it is possible to build a project of this magnitude for $750 million in a piece published on 23 April 2014 titled "Can China Build 'Dubai' in Machakos for Sh65 bn?" by Danson Kagai. 

China's Premier Li Keqiang is scheduled to visit Kenya, Ethiopia, Angola and Nigeria from 4-11 May 2014.  He may use the occasion of the visit to Kenya to announce officially this major new project.