SHANGHAI :
CNCPIEC to Build Kenya Hospital Complex for USD48 Million
Tang Shihua
DATE:  Dec 27 2018
/ SOURCE:  yicai
CNCPIEC to Build Kenya Hospital Complex for USD48 Million CNCPIEC to Build Kenya Hospital Complex for USD48 Million

(Yicai Global) Dec. 26 -- China National Complete Plant Import & Export will serve as the general contractor for a comprehensive hospital and surrounding apartment building compound in Machakos, Kenya -- 68 kilometers southeast of its capital Nairobi -- with the total project price reaching almost USD48 million, it announced yesterday.

The company signed the contract with the Nairobi-based project owner Lianard Holding on Dec. 22 local time, per the announcement from the renowned Chinese international project contractor yesterday.

The Beijing-based state-backed enterprise will build a 13,400 square-meter comprehensive hospital and residential building that includes 300 apartments inside with a gross floor area of 25,500 square meters, the announcement said.

The contract will take effect after the project owner signs a loan agreement with a Chinese bank and the construction period may not exceed two years from the commencement date, the announcement added.

Editor: Ben Armour

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Keywords:   COMPLANT,One Belt One Road,EPC,Kenya