Revealed: JKIA is 10 per cent of Kenya's wealth, valuations shows - Beaking Kenya News

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Wednesday, 16 September 2020

Revealed: JKIA is 10 per cent of Kenya's wealth, valuations shows


 Jomo Kenyatta International Airport (JKIA) is currently worth Sh1.1 trillion, a valuation by the Lands ministry reveals.

The valuation report obtained by the Star shows that the airport’s market value stands at Sh1.1 trillion with an insurance value of Sh200 billion.

This accounts for close to 10 per cent of Kenya's gross domestic product currently at about Sh10 trillion.

JKIA’s land can earn up to Sh7.5 million per acre per year while the retail shops can fetch up between Sh200 and Sh250 per square feet per month.

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