Yechte Consulting finalises a BIM, fully parametric proposal for a new forestry centre in Nairobi, Kenya.
A statement from the firm said it will also establish a 64 megawatts (MW) power plant of which 50 MW shall be sold to the national grid. Discussions are currently ongoing between the firm and the Ministry of Energy on a 25-year power purchase agreement.
The firm acquired all necessary permits and licences, which include permission from the Ministry of Industrialisation and 99 years of mining rights covering all limestone deposits in Pokot.
A delegation from the Indian firm visited the country in January 2010 and was assured of the government’s support in the completion of the Pokot cement facility as well as the power plant.
The firm paid Ksh.120 million ($1.5 million) to about 100 pastoral families to pave the way for the establishment of the plant with a production capacity of 120,000 metric tonnes of cement per year.
The group expects to directly employ more than 1,700 people and over 5,000 people indirectly.
Source: How We Made It In Africa
LIBREVILLE — Gabon signed Saturday 4.5 billion dollars (3.5 billion euros) in contracts with Indian and Singaporean companies for infrastructure projects, the president's office said in a statement.
"On the eve of the festivities celebrating the 50th anniversary of Gabon's independence, key major contracts for the Emergent Gabon programme worth 4.5 billion dollars were signed in the presence of the Head of State, Ali Bongo Ondimba," his office said in a statement.
The projects include the construction of 1,000 kilometres (600 miles) of roads, the construction of a special economic zone for the processing of wood, creating palm plantations and building 5,000 homes.
The investments are expected to generate 50,000 jobs.
The Gabonese presidency did not provide further details on the contracts.
India's Commerce Minister Anand Sharma and Tata Group chief Ratan Tata will lead the government-corporate mission whose target is to have $12 billion two-way trade by 2012.
Organised by the commerce and industry ministry, jointly with leading industry chamber Confederation of Indian Industry (CII), an exhibition at the MTN Expo Centre, the country's largest, is among the highlights of the "India Show".
The organisers have identified pharmaceuticals, healthcare, food procesing, automobiles, components, biotechnology, information technology, telecommunications, infrastructure, roads and railways as the focus areas of the four-day show.
The margins of the event will also see a meeting of the high-profile India-South Africa chief executives' forum, co-chaired by Tata and Patrice Motsepe, non-executive chair of African Rainbow Minerals.
"This is a serious effort on our part to push trade and economic ties with South Africa. The objective is to remove all trade barriers, non-tariff barriers and address issues impacting businesses of both sides," said CII deputy director Navita Vinayak.
"The aim is $12 billion bilateral by 2012," Vinayak, who handles the chamber's Africa desk, told IANS. The two-way trade stood at $7 billion last year.
Commerce ministry officials said India will also showcase its "soft power" during the event, featuring its culture, cinema, fashion and cuisine. Leading designers Satya Paul and Manish Malhotra will display Indian traditional attires to project Indian culture.
This apart, the Taj group of hotels will present "Nouvelle Indian cuisine" and artists arranged by the Indian Council for Cultural Relations (ICCR) of the external affairs ministry will perform at the show, the officials added.
"South Africa is the gateway to Africa and this event is an amalgamation of many things with business interface," said Vinayak. One component of the event is the third edition of the "Doing Business with India" conference to attract foreign investment.
She said the event will give South African firms a first-hand account on the business opportunities available in India and help them interact with potential partners in the large delegation of corporate heads that will participate at the conference.
The Sudanese government has officially issued the approval letter for the Upper Atbara Hydro Junction Project's construction and its water facilities to the joint venture of China International Water & Electric Corporation and its parent company, the China Three Gorges Corporation, with the total contract worth 838 million U.S. dollars, the China Three Gorges Corporation announced on April 7.
The Upper Atbara Hydro Junction Project will obtain financial support from the Sudanese government and the total time of construction will be five years and four months. Currently, it is the largest single construction project any Chinese company has undertaken in Sudan and also the second largest overseas single hydraulic engineering project signed by a Chinese company.
The signing of the contract agreement marks that China Three Gorges Corporation has successfully pushed through its strategy of going global and has carried out its internationalized operating strategy.
The project is located at the border area between Kassala State and Gedaref State in eastern Sudan, 460 kilometers away from Khartoum Road. In addition, the project consists of the Rumira Dam, Bodana Dam, as well as other ancillary works. The project is aimed at providing irrigation and water supply as well as power generation.
The joint venture will build a reservoir with a storage capacity of around 3 billion cubic meters and an irrigation area of 500,000 hectares. Moreover, the reservoir will provide 7 million people with irrigation water, 3 million people with drinking water and millions more with electricity, which will benefit at least one-third of Sudan's population.
A grand signing ceremony was held in the Sudanese capital Khartoum on April 6 in the presence of Sudanese President Omar al-Bashir. Moreover, the director of the Dams Executive Bureau directly under the Sudanese President signed the contract with China Three Gorges Corporation Deputy General Manager Lin Chuxue, and the General Manger of China International Water & Electric Corporation Lu Guojun.