Ksh3.5B Kibuye Market makeover: Kisumu unveils plan for mega trading hub
Kisumu City has announced plans to commence construction of a Ksh3.5 billion modern Kibuye Market as the county seeks to transform the facility into a regional trading hub serving thousands of traders across the Lake Victoria basin and neighbouring countries. City Manager Abala Wanga said that the project, funded by the national government through the […]
Kisumu City plans to construct a Ksh3.5 billion modern Kibuye Market as a regional trading hub for thousands of traders in the Lake Victoria basin and neighboring countries. The project, funded by the national government, is in the tendering stage with possible groundbreaking by President William Ruto and Governor Anyang’ Nyong’o.
The proposed market, modeled partly on modern markets in Cape Town, South Africa, would comprise three mega-storeys. City Manager Abala Wanga dismissed claims that the county government was using World Bank funds for the construction, stating that the financing is from the national government. Kibuye Market is a critical economic center, benefiting traders from several counties and neighboring Uganda.
The city administration will also invest Ksh400 million in flood-control measures, receiving technical support from the German development agency GIZ for a feasibility study and flood-management master plan. Additionally, the city aims to expand solar-powered street lighting across Kisumu, targeting 98 percent coverage of the city's boundaries.
A 90-day audit of buildings within Kisumu is also planned to address concerns over construction approvals and safety standards.
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