Construction is Top Performing Industry in Country's Economy

Increased lending to the private sector for real estate development boosted activity in the construction sector in the first quarter 2011, data from the Kenya National Bureau of Statistics (KNBS) shows. Construction emerged among the top performing sectors in the period alongside financial services and transport and communication. The sector grew by 10.7 per cent compared to the dismal performance of 0.3 per cent in the same period in 2010. Financial services and transport and communication recorded 10.9 per cent and 6.5 per cent respectively.