NAIROBI, Kenya – China is set to construct a Sh5 billion mixed-use development at the Jamhuri Showground in Nairobi, in a project hailed as a major boost to Kenya’s investment climate.
President William Ruto on Wednesday presided over the groundbreaking of the China–Kenya International Commerce Centre, which will feature a five-star hotel, a modern exhibition and trade hub, and other commercial facilities.
The 68,000-square-metre project is expected to directly create at least 3,000 jobs and breathe new life into the Agricultural Society of Kenya (ASK) grounds, which have long been underutilised.
“This investment is a resounding vote of confidence in our economy — a stable, predictable environment that rewards enterprise and guarantees fair returns to investors,” President Ruto said in a post on X.
Laid the foundation stone for the China–Kenya International Commerce Centre; a landmark mixed-use development project at the Jamhuri Showground in Nairobi.This Sh5 billion investment, spanning more than 68,000 square metres, is a resounding vote of confidence in Kenya’s
He added that the venture would kick-start the transformation of ASK facilities into engines of economic growth, positioning Nairobi as a regional hub for trade and investment.
The project comes at a time when Kenya is seeking to deepen its commercial ties with China, which is already a leading source of infrastructure investment and trade partnerships in the country.
