The Kenya Airport Authority (KAA) , from which controversial former CEO George Muhoho has finally retired in early April, is now faced with the fallout of one of the decisions he personally pushed for during his reign of office – the “airport city” due to be constructed on 90+ acres of KAA land allegedly leased to the Qatari group.
The current chairman of the board publicly announced some time ago that this project is on hold and will be subjected to additional scrutiny before any construction for a hotel, conference center, or other facility is given the go ahead.
It appears that the land in question has not been surveyed nor has it been marked or fenced off, a prerequisite for any project to commence. A Qatari fact-finding mission descended on Nairobi last weekend to establish if their US$350+ million project was still on and going ahead, undoubtedly trying to find a way forward with the board of the KAA so as to rescue the deal. The formal ground breaking was delayed in March owing to these circumstances and no new date has been set.
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- A Qatari fact-finding mission descended on Nairobi last weekend to establish if their US$350+ million project was still on and going ahead, undoubtedly trying to find a way forward with the board of the KAA so as to rescue the deal.
- The current chairman of the board publicly announced some time ago that this project is on hold and will be subjected to additional scrutiny before any construction for a hotel, conference center, or other facility is given the go ahead.
- The Kenya Airport Authority (KAA) , from which controversial former CEO George Muhoho has finally retired in early April, is now faced with the fallout of one of the decisions he personally pushed for during his reign of office –.
