HOW NAIROBI BUILDING APPROVAL RAISE TO Sh195.1 BILLION

HOW NAIROBI BUILDING APPROVAL RAISE TO Sh195.1 BILLION

The value of building approvals in Nairobi grew by Sh50.3 billion to Sh195.1 billion in the 11 months to November last year, despite the high cost of building materials. Data from the Kenya National Bureau of Statistics (KNBS) shows that this was an improvement from Sh144.9 billion during a similar period in 2022. While residential projects recorded a growth of Sh51 billion, non-residential projects declined by Sh749.98 million. The number of approvals was highest in…

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