Author Topic: Mega Sh217bn railway cities project  (Read 1677 times)

Offline RVtitem

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Mega Sh217bn railway cities project
« on: October 03, 2016, 04:45:09 PM »
Kenya is getting closer to
constructing commercial hubs around
railway stations in Nairobi, Mombasa
and Kisumu at an estimated cost of
Sh217 billion. The government had commissioned
studies to determine the most
effective investment option for the
mega projects that will involve office
complexes, hotels, shopping malls,
industrial parks and arcades on land surrounding railway stations.

www.nation.co.ke/business/Mega-Sh217bn-railway-cities-a-step-closer-to-reality/996-3403084-58585e/index.html

Offline MOON Ki

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Re: Mega Sh217bn railway cities project
« Reply #1 on: October 03, 2016, 04:52:44 PM »
Kenya is getting closer to
constructing commercial hubs around
railway stations in Nairobi, Mombasa
and Kisumu at an estimated cost of
Sh217 billion. The government had commissioned
studies to determine the most
effective investment option for the
mega projects that will involve office
complexes, hotels, shopping malls,
industrial parks and arcades on land surrounding railway stations.

www.nation.co.ke/business/Mega-Sh217bn-railway-cities-a-step-closer-to-reality/996-3403084-58585e/index.html

Reading  the article, I note that the "mega cities" will sit on a grant total of 400 acres.    :D
MOON Ki  is  Muli Otieno Otiende Njoroge arap Kiprotich
Your True Friend, Brother,  and  Compatriot.

Offline RV Pundit

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Re: Mega Sh217bn railway cities project
« Reply #2 on: October 03, 2016, 04:54:11 PM »
Sound like mega malls.

Offline RVtitem

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Re: Mega Sh217bn railway cities project
« Reply #3 on: October 03, 2016, 05:07:15 PM »
People already have bought lands for speculation.

Moreover, economic analysis may favour mega malls and plot subdivision/speculation instead of industrial zones.