Mega projects in East Africa have triggered Heavy machinery manufacturers to stream to the region to benefit from the ongoing multimillion-dollar projects.
Andy Pert from DMG Exhibition reveals that majority of top construction projects in East Africa are in Kenya.This has attracted scores of construction equipment manufacturers to set up sales and aftersales facilities in the country.
This year’s regional construction equipment and technology event dubbed ‘Big 5 Construct East Africa 2017’ is set to be held between November 1 and 3 coinciding during the National Construction Week.
According to National Construction Authority(NCA) communications manager Wangui Kabala the exhibition will enable r building contractors, governments and construction equipment manufacturers to network as well as ink deals.
During the 2016 event, Volvo sold SDLG Wheel Loaders with other companies recording good deals.
Others inked deals for establishment of local franchises and partnership deals.
“With East Africa being the fastest growing region on the continent, the Big 5 Construct East Africa 2017 is now a hub for global construction products’ manufacturers to network and do business,” says Pert.
Currently there are 43 mega projects currently underway in Africa with a total value of US$27.4bn. According to the latest 6W research commissioned by The Big 5 Construct East Africa, 4 of the top 10 projects in East Africa are taking place in Kenya.
The biggest of these projects, Kenya’s Konza Smart City, is worth US$14.9bn and is expected to be completed by 2030. The city will include the development of a central business district, a university campus, a residential community and parks over 5,000 acres of land.