Hass Petroleum Group has signed a Sh20 billion deal with a Chinese company for the construction of Africa’s tallest building.
The China State Construction Engineering Corporation (CSCEC) will construct Hass Towers, a mixed use development which will stand over 300 metres tall in Nairobi.
The mixed development building will be located in Upper Hill, one of the capital city’s hot spots for both office and hotel development.
Hass Towers will reach higher than South Africa’s Carlton Centre, which at 223 metres is the continent’s tallest building.
“Hass Group awarding the contract to CSCEC demonstrates a stronger growing economic partnership between the Chinese Government and the Kenyan Government,” said Hass Petroleum Group chairman Mr Abdinassir Hassan.
Construction of the foundations for Hass Towers is due to start in April this year, when the project will be officially launched in Kenya.
The 67-storey Hass Towers will include office space along with a retail and entertainment complex.
One of the main features in Hass Towers will be a five star Hilton Hotel.
The building will feature two towers with the shorter one housing the 255 guest-room hotel while the other tower will be left primarily as an office block.