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CHINA COMM CONS (01800.HK) Said to Win USD2.9B Kenya Airport Upgrade and Expansion Project
Bloomberg, citing sources, reported that CHINA COMM CONS (01800.HK) has secured a USD2.9 billion engineering, procurement and construction contract for the upgrade and expansion of...
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CHINA COMM CONS (01800.HK) Said to Win USD2.9B Kenya Airport Upgrade and Expansion Project
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Bloomberg, citing sources, reported that CHINA COMM CONS (01800.HK)  +0.060 (+1.456%)    Short selling $1.86M; Ratio 3.181%   has secured a USD2.9 billion engineering, procurement and construction contract for the upgrade and expansion of Jomo Kenyatta International Airport in Kenya. Two years earlier, Kenya had cancelled a concession agreement with India’s Adani Group.

This move further consolidates the leading position of Chinese enterprises in major infrastructure projects in Kenya. CHINA COMM CONS’s project portfolio in Kenya includes a new railway, a 60,000-seat stadium, a toll highway and a conference center.

It is understood that part of the funding for the airport project will be supported by proceeds from privatization, which have been invested into a newly established national infrastructure fund. Construction is expected to commence within this month. (mn/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-12 16:25.)

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