Hass Group has signed a Kshs 20 billion agreement with China State Construction Engineering Corporation (CSCEC) to construct the tallest building in Africa.
Speaking at the signing ceremony that was held at Kempinski Hotel in Beijing, Chairman of Hass Petroleum Group, Abdinassir Ali Hassan described the signing as a ‘historic’ event and congratulated CSCEC on winning the contract after a long negotiation and tender process. He said: “It has not been an easy road. CSCEC went through a rigorous tender system which they won over ten international companies including European, Turkish as well as other Chinese competitors. Hass Group awarding the contract to CSCEC demonstrates a stronger growing economic partnership between the Chinese Government and the Kenyan Government, and is a testament to Kenya’s economic and political stability. This project will give CSCEC a majestic entry point into Africa.”
(TOP: An artist’s impression of the proposed Hass Towers, set to be the tallest building in Africa once construction is complete. The building is expected to be ready for occupation in 2020. BELOW: Hass Group and CSCEC sign the Kshs 20 billion deal to in Beijing last week for the construction of Africa’s tallest building to be put up in Nairobi’s Upper Hill Area. Construction is set to start in April 2017).
Li Mingguang, VP of CSCEC Overseas Operations said: “This will be the tallest building in Africa and become a landmark in Kenya. It is sure to drive regional development, promote economic growth, and attract more investment and tourism into Kenya. China State Construction understands the importance of this grand project and is honoured to be chosen as the main contractor.”
The signing ceremony was also attended by John O. Odipo, the Counsellor of Kenya’s Embassy in China, and the Commercial Counsellor of Kenya’s Embassy in China, Vincent E. Omuse, Vice Chairman and Co-Founder of White Lotus Inc., Sita Ramachandra Raju Poosapati and Mr Zhang Zhiping, VP of CSCEC Overseas Operations.
Hass Towers, a mixed use development is set to open its doors in 2020, in Nairobi’s business district of Upper Hill. Construction of the foundations for Hass Towers is due to start in April this year, when the project will be officially launched in Kenya. Once complete, the development will include Grade A offices, a 5-star Hilton hotel, plus a luxury retail and entertainment complex. Standing over 300 metres high with 67 storeys, the tallest tower is designed to represent ‘the height of African achievement’, considerably taller than the current record holder, the Carlton Centre in South Africa (at 50 floors and 223 metres tall).
Kenya is one of Africa’s fastest growing economies with strong growth in agricultural, tourism, construction and telecommunication sectors. The project is conveniently located just 16 km from Jomo Kenyatta International Airport (JKIA), in Nairobi’s growing financial hub of Upper Hill, where many embassies and international organisations have already set up their regional offices, including Cisco Systems, World Bank and the IMF. Kenya’s diversifying economy means it is an extremely popular destination, busy with leisure and business travelers alike.
Hass Group is one of Africa’s leading oil marketing companies, headquartered in Dubai. Since its 1997 incorporation as a family business, it has expanded its portfolio across Africa into holdings in the energy, transportation and shipping industries, and is now poised to expand trading, marketing and downstream distribution of petroleum products globally.
Headquartered in Dubai, White Lotus Group is a diversified, fast-growing business group with significant investments in the real estate, agribusiness, mining, infrastructure, petrochemicals, media/entertainment, and sports sectors spanning East Africa, South Africa, and India.
Ranked the largest construction company in the world, CSCEC is an integrated construction and real estate conglomerate covering housing construction, international contracting, real estate development and investment, infrastructure construction and investment, prospecting and design.