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Kenya is regarded as the regional hub for trade and finance in East Africa, and many large corporations have their African headquarters in Nairobi. Currently, Kenya is going through a construction boom. The government has invested heavily in the construction sector of Kenya in order to improve the infrastructure such as road networks, railway and residential space mostly for the locals (who are being supported by the banks to get loan to buy apartments).
According to the Central Bureau of Statistics, the real estate and construction sectors continues to be some of the key drivers of economic growth in Kenya for the last five years .The Kenyan construction industry contributes 7 percent of the gross domestic product (GDP), which makes it clear that Kenya has a well-developed construction industry. The huge deficit in infrastructure including rail, roads and ports also present a significant case for continuing growth in the building and construction sector, which employs at least one million people The rapid growth in population, which has led to a soaring demand for housing in most parts of the country, presents a major opportunity for continued growth as private developers rush to keep up with this demand. With this reality in mind CAPYEI has weighed in to get the share of opportunities in construction Industry in Nairobi Environs and Coast.
