M a r k e t N e w s
Kenya: Tatu City Seals Sh400m Deal With Infrastructure Firm Sinohydro
Posted on : Wednesday, 4th November 2015
Tatu City has sealed a Sh400 million deal with international infrastructure firm Sinohydro to lay out basic infrastructure that will supplement the first phase of the project.
The Chinese engineering firm will set up infrastructure for water, sewerage and temporary road works for Tatu City's development.
The additional seven-kilometre temporary roads will help facilitate ongoing construction activities.
"We are pleased to extend our co-operation with Sinohydro, which has already successfully completed several stages of Tatu City's infrastructure development," said Tatu City Acting CEO Anthony Njoroge.
The works will be completed over the next year.
The 2,500-acre Tatu City has a range of residential, commercial, retail, industrial and logistics areas. It is expected to host over 70,000 residents when complete.
Firms like Dormans, Kim-Fay and Maxam have already announced they will set up shop at Tatu Industrial Park, which includes 420 acres of serviced industrial land.
It is located near to Jomo Kenyatta Airport, Runda, Kenyatta University, UniCity, Thika Highway and the Northern and Eastern bypasses.
When complete, it is expected to de-congest the City of Nairobi by offering a unique live, work and play environment.
Source : allafrica.com
