Sharp Daily
No Result
View All Result
Friday, August 22, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Construction of new JKIA terminal set to begin in January

Clerkson Aroni by Clerkson Aroni
October 3, 2023
in News
Reading Time: 2 mins read

The government has announced plans to break ground in January 2024 for the new state-of-the-art terminal at the Jomo Kenyatta International Airport (JKIA). The government projects that multibillion project will be complete by 2027.

Speaking on Sunday, the Kenya Airports Authority (KAA) chairman Caleb Kositany said that the state will float a tender soon for the construction of the new terminal.

“We will be breaking ground on a new terminal in January 2024 to boost the capacity of JKIA to handle more passengers,” said Caleb.

Read more: The role of interest rates in investment decisions

RELATEDPOSTS

Why firms are shedding jobs despite survival

June 19, 2025

Opinion: Austerity wrong medicine for Kenya’s economy.

June 16, 2025

The KAA chairman also added that the tender will most likely be a public-private partnership (PPP) or any proposal they will receive that is friendly will be considered provided it will help the state deliver on time and within the laws of Kenya.

JKIA is the home of the national carrier Kenya Airways (KQ) and other airlines. At the time it was being built in 1978 it was meant to serve slightly over two million passengers. However, the number of passengers using the airport  has grown tremendously over the years and it currently serves about 6.5 million passengers annually and the state projects the numbers to grow by end of 2023.

Caleb Kositany also noted that JKIA is heavily congested and the construction of the new terminal will greatly provide space and more parking for passengers. During the Sunday event, ASKY airlines, a Pan-African company launched the Nairobi route through JKIA, as part of its growth strategy to enhance connectivity in Africa.

Read more: KRA launches online auctions and tax amnesty to boost revenue

The airline, currently based in Togo will initially have three flights weekly on Monday, Wednesday and Friday from JKIA to Lomé-Togo. The airline plans to increase the flights to daily as time progresses.

Former president Uhuru Kenyatta has launched a similar project back in December 2013 that was valued at USD 650 million. The project was later cancelled after projections showed the cost would exceed USD 1 billion.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

The role of interest rates in investment decisions

Next Post

COMESA approves temporary relocation of court of justice to Zambia

Clerkson Aroni

Clerkson Aroni

Clerkson is a passionate writer and video creator who is fascinated by football, lifestyle, history, and sharing new discoveries. When he's not researching and writing compelling stories, he's behind the camera capturing informative videos for his audience. He welcomes story ideas and feedback from readers at cmotari@thesharpdaily.com

Related Posts

News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025

LATEST STORIES

Finding Balance: My Journey with Internet Self-Care

August 22, 2025

Why Young Kenyans Cannot Afford to Ignore Private Pensions

August 22, 2025

Strategies for Nairobi to emerge as Africa’s financial hub

August 22, 2025

Understanding NSSF and the Two-Tier Contribution System

August 22, 2025

Kick financial goals: Invest with CMMF this football season

August 22, 2025

AI and the future of investment research

August 22, 2025

Why private credit gaining traction in emerging markets

August 21, 2025

Liberty Kenya Holdings H1’2025 profit declines by 29.8%

August 21, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024