By Michelle Ndaga
President William Ruto on Tuesday laid the foundation stone for the China–Kenya International Commerce Centre, a Sh5 billion landmark mixed-use development project at the Jamhuri Showground in Nairobi.
The ambitious investment, spanning more than 68,000 square metres, will feature a world-class exhibition and trade centre, a five-star hotel, and other modern commercial facilities. The project is expected to directly create 3,000 jobs for Kenyans.
President Ruto hailed the development as a major vote of confidence in Kenya’s economy, describing the country as a “stable, predictable environment that rewards enterprise and guarantees fair returns to investors.”
The Head of State noted that the initiative represents the beginning of a commercial transformation of the Agricultural Society of Kenya (ASK) facilities, aimed at turning underutilised public assets into engines of growth.
“This is not just an investment in infrastructure, but in people, jobs, and opportunities,” President Ruto stated.
The China–Kenya International Commerce Centre adds to the growing list of foreign-backed investments in Kenya, reinforcing Nairobi’s position as a regional hub for trade, hospitality, and innovation.
