10 January 2013

Kenya: Minister Extends Bid Time for Developers

The Ministry of Information and Communication has given two more weeks for firms eyeing the second delivery partner contract to apply.

The deadline for submitting the expression of interest has been pushed from January 10 to January 25, days after the expected groundbreaking ceremony slated for January 23.

The ministry is shopping for the second master delivery for the first phase of the development, to take over from the first delivery partner 1, US-based HR&A.

The selected firm is expected to carry out duties such as marketing, land lease negotiations with parcel developers and construction management for public infrastructure in the 5,000 acre land.

The Sh1 trillion will be run by the Konza Technology Development Authority which is expected to be established and staffed this year. The first master delivery plan developed a real estate strategy which calls for the infrastructure costs of phase one to be funded by government and private sector building developers to fund most vertical construction.

There are approximately 100 parcels in phase one, a predominance being residential, but other critical parcels will be commercial and university parcels.

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