Chinese company AVIC International, through its Kenyan subsidiary yesterday unveiled the Global Trade Centre (GTC) a city complex set on 7.5 acres of land in the heart of Nairobi’s Westlands business district.
The development which comprises of an office tower, community apartments, luxury five-star hotel, and mall all is a one of its kind facility in the city.
Construction of the 43-storey mixed use building began in 2015 and is being undertaken by state-owned Aviation Industry Corporation of China (AVIC International). The building is estimated to drain up Ksh. 40 billion in construction and related costs once completion.
Describing the concept during a media tour, AVIC International Managing Director Wang Long said the GTC was envisioned as a city within a city which functions like a mini-sized city within the bigger city.
The development, which is located along Chiromo lane, will house AVIC’s headquarters and other multinationals. AVIC has investments spanning several countries in diverse sectors including real estate, aviation and consumer goods.
The Global Trade Centre is one of the flagship projects in the Vision 2030 programme and is being built to international standards. Once complete, the development will be most expansive trade complex in Nairobi.
The projects design and implementation was the collaborative effort of various architectural and engineering firms with good repute. The building is composed of four main elements; a 184m office tower, a 116m serviced apartment tower, 143m luxury 5-star hotel and a mall.
The facility is expected to be entirely complete by 2020.