Dubai Investments big on Kenya industry expo

Dubai Investments, a diversified company in which sovereign wealth fund Investment Corporation of Dubai has a stake, brought five of its subsidiaries to The Big 5 Construct East Africa, this week’s biennial industry expo in Nairobi, Kenya. Emirates Building Systems, Emirates Extruded Polystyrene, Dubai Cranes, Labtec and Emirates Extrusion Factory participated to demonstrate interest in the African construction market. The 2017 edition of Deloitte’s Africa Construction Trends report shows that government and private sector are driving construction projects across the continent, with 303 projects valued at $50 million or above having broken ground by June 2017. In total, these projects are worth $307 billion. “The African market offers genuine opportunity for growth,” said Abdulaziz Bin Yagub Al Serkal, general manager of Dubai Investments.