Hass Group, one of Africa’s leading oil marketing companies has signed an agreement worth Kshs. 20 Billion with China State Construction Engineering Corporation (CSCEC), currently ranked the largest construction company in the world, to build the tallest building in Africa, Hass Towers.
Present during the official signing ceremony which took place last Thursday, 9 March, at Kempinski Hotel in Beijing were the Hon. John O. Odipo – the Counsellor of Kenya’s Embassy in China, Hon. Vincent E. Omuse – the Commercial Counsellor of Kenya’s Embassy in China, Mr Abdinassir Ali Hassan – the Chairman of Hass Petroleum Group, Mr Sita Ramachandra Raju Poosapati – Vice Chairman and Co-Founder of White Lotus Inc., Mr Li Mingguang – Vice President of CSCEC Overseas Operations and Mr Zhang Zhiping – Vice President of CSCEC Overseas Operations.
In his speech, the Hass Group chair, Mr. Hassan, described the signing as an ‘historic’ event and congratulated CSCEC on winning the contract after a long negotiation and tender process. “It has not been an easy road. CSCEC went through a rigorous tender system to win over ten international companies including European, Turkish as well as other Chinese competitors.” He said. “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.” Mr. Hassan added.
Vice President of CSCEC Overseas Operations, Mr Li Mingguang said, “This will be the tallest building in Africa and 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 iconic mixed use development set to open its doors in 2020 will sit in Upper Hill, Nairobi. Construction of the foundation for Hass Towers is due to start in April this year, when the project will be officially launched in Kenya. Once complete, this record-breaking mixed use 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 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 m tall). Project management of the development will be handled by White Lotus Group.
The project is conveniently located just 16km from Jomo Kenyatta International Airport, in Nairobi’s growing financial hub and home to major government institutions, the Upper Hill – Nairobi, where many embassies and international organizations 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 travellers alike.
Kenya is one of Africa’s fastest growing economies with strong growth in agricultural, tourism, construction and telecommunication sectors.