Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
The firm will spend Sh100mn in expansion/CFM

Kenya

Crown paints in Sh100mn county expansion

The firm will spend Sh100mn in expansion/CFM

The firm will spend Sh100mn in expansion/CFM

NAIROBI, Kenya Mar 17 – Crown Paints is set to invest Sh100 million to open five more showrooms countrywide.

Crown Paints Kenya Chief Executive Officer Rakesh Rao says they will put up showrooms in Kisumu, Eldoret, Malindi and two more in Nairobi, due to consumer demands.

The showrooms will offer detailed information on Crown Paints entire line of paints, as well as paint colour selection tools, professional services, and educational programs.

“The new Crown showrooms will feature the latest innovations in paints and interior finishes and will offer consumers tips on how to enhance building aesthetics using quality products. It is designed as a one-stop colour expression centre, complete with colour visualiser to simulate room sets,” said Rao.

Rao was speaking during the opening of a Sh9 million showroom in Nyali – Mombasa.

“We aim to recruit more customers and equip them with the knowledge on paints. The real estate sector is enjoying a boom and consumer tastes are changing fast, with more people using texture and stone finishes. Majority of Kenyans want to change their lifestyle, shopping for paint outside the country will not help much, that why as Crown Paints we are determined to bring to Kenyans global paint products at your doorstep,” Rao explained.

Speaking at the event, Nyali Member of Parliament Awiti Bollo disclosed that plans are underway to construct a dual carriage bridge in Nyali to ease traffic.

“Most investors shy away from investing in Nyali because of traffic. We want to assure potential investors that plans are underway to build a second bridge to decongest Nyali-Mtwapa road. When complete in two years it will open up more business opportunities,” Bollo said.

He further assured investors that Nyali is safe for business.

On his part, Chairman of the Architectural Association of Kenya Waweru Gatheca, said the cost of building materials in Kenya will only come down if local manufacturers are given incentives to produce them.

Advertisement. Scroll to continue reading.

“Cost of construction is a function of the manufacturing sector. The more we manufacture locally, the more chances of bringing down the cost of construction materials,” said Gatheca.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...