Tatu Industrial Park breaks ground

Tatu Industrial Park has broken ground on its 420-acre site, welcoming leading Kenyan and international companies to their new home in the light industrial area of Tatu City, the mixed-use, mixed-income satellite city development near Nairobi.

Kenya’s Cabinet Secretary for Industrialization and Enterprise Development Adan Mohamed officiated at the launch event, which was attended by Kiambu County Governor William Kabogo and representatives of the U.S., Norwegian, British and Australian embassies in Kenya.

Tatu Industrial Park is a world-class light industrial zone free from the congestion of central Nairobi and with easy access to transport arteries. Global consumer company Unilever and leading Kenyan companies Dormans, Kim-Fay and Maxam have announced plans to build new manufacturing facilities at Tatu Industrial Park. Dormans has already started construction.

“Tatu Industrial Park is a testimony to Kenya’s attractiveness as an investment destination,” said Cabinet Secretary Mohamed. “By creating jobs and privately funded infrastructure, Tatu City compliments the government’s efforts enhance our country’s economic development. Tatu City is aligned with the vision of the Nairobi Metro 2030 Strategy, as well as the country’s Vision 2030 blueprint for economic growth, and the Government of Kenya is pleased to facilitate its development and success.”

Commenting on the industrial park launch, Stephen Jennings, Founder and CEO of Rendeavour, the majority shareholder in Tatu City, said, “Tatu Industrial Park provides unparalleled infrastructure and master planning to Kenyan, African and global businesses. As a major investment in the Kenyan economy and a benchmark for visionary urban planning, Tatu City will provide tens of thousands of jobs for Kenyans and create a holistic development that eases the burdens of urbanisation on central Nairobi.”

Governor Kabogo thanked Tatu City for choosing Kiambu County for “such a mega project”, noting that the development has helped to attract additional local and international investors to the county.

“The Kiambu County government works hard every day to improve the business and living environments for its residents through planned development. We are pleased that Tatu City has recognised this commitment and is helping to position the county as the place to grow, work and live in,” Governor Kabogo said.

With access to water, electricity, sewage drains and Tatu City’s residential and recreational facilities, Tatu Industrial Park is ideal for a range of businesses, from warehousing to manufacturing and distribution. Tatu Industrial Park is located within easy proximity to Jomo Kenyatta Airport, Runda, Kenyatta University, UniCity, Thika Highway and the Northern and Eastern Bypasses, giving companies a unique gateway to Kenya, East Africa and the world.

Tatu City will be home to more than 70,000 residents and 30,000 day visitors and create tens of thousands of jobs during its 20-year, phased development.

TIP

Appolonia leads discussions at WAPI 2015

Appolonia – City of Light, the mixed-use urban development near Accra, set the tone for discussions at the just ended West African Property Investment Summit with presentations focused on the project alongside proffering advice on bringing new large scale projects to life.

Speaking at the summit, Country Head for Rendeavour, Nick Langford reiterated “Africa is the place to be. The continent is bursting with opportunities and in West Africa, we’re creating something unique with each project we execute,”

Presenting on the Appolonia, City of Light project, Anthony Okyere, Chief Executive Officer of Appolonia, took delegates through the process involved in developing the mixed use project, and how it would change the urban landscape in Ghana. Delegates engaged in discussions on factors which contribute to the success of projects such as Appolonia, City of Light whilst and considering the failures of other projects.

Other discussions centred on, the macro and micro environment analysis, land acquisition processes, key interest assets and drivers of growth among many other things.

“The 2015 West Africa Property Investment Summit which happens to be the inaugural event has been very insightful with contributions made by the various speakers. We are certain that the relationships developed through the summit and the networking activities will generate many more opportunities and be nurtured to develop key partnerships in order to gain a competitive edge in our industry” said Katlego Tshetlo, the Event Project Manager for the WAPI Summit.

The West Africa Property Summit is a real estate event which brings together many players across the continent and offer delegates a complex learning environment with ample single speaking slots, panel discussions and key note addresses aimed to better understand the West African investment climate. This year’s forum placed more emphasis on networking with developers, investors, financiers and all other property professionals who participated in the summit.

Unilever signs multi-million dollar deal with Tatu City

Leading consumer goods company, Unilever East Africa, has entered into a Memorandum of Understanding with Tatu City Limited for the acquisition of 70 acres of industrial land for future expansion of its manufacturing operations. The site is located at Tatu Industrial Park, adjacent to Tatu City’s 2,500-acre mixed-use, mixed-income development near Nairobi.

This move is part of a stream of investment activities that Unilever aims to roll out over the coming years to drive growth in East Africa and develop new sustainable business models to help secure the region’s future prosperity.

Speaking about the MOU, Marc Engel, Unilever CEO for East Africa, said. “Our goal is to meet our consumers rising expectations for high quality local and international product choices for years to come while leading the way in sustainable business in Kenya by deploying state of the art technology and thinking. This investment demonstrates our commitment to Kenya’s sustainable growth as the hub of our operations in East Africa.”

He added, “We are also very proud to be associated with the Tatu City urban development and Kiambu County, which is an ideal location for Unilever’s longer term strategic growth plans.”

The land acquisition announcement follows the recent opening of a new Ksh155 million state of the art production line by the consumer goods company that is set to double the production of Vaseline petroleum jelly in the current Nairobi plant to meet growing regional demand.

Stephen Jennings, founder and CEO of Rendeavour, the majority shareholder in Tatu City, hailed the agreement as a demonstration of Kenya’s robust economy and Africa’s consumer growth. “We welcome this very strategic decision by Unilever in choosing Tatu City as the company’s destination of choice for expansion in East Africa. Tatu City is delivering on its promise to create a live-work-play environment free from congestion that provides homes and jobs for tens of thousands of people and attracts leading Kenyan and international companies to set up business.”

Unilever also announced plans to relocate its current offices from industrial area to Watermark Business Park in the Karen area, in early 2016. “We have been at our current industrial site for over 80 years, moving our head office will give us room for immediate expansion, upgrading our current operations and enhance capacity of the manufacturing and distribution of our brands to meet our consumer needs.” added Engel.

Tatu_logo                       unilever logo

Appolonia selects Owens Corning for Ghana project

Appolonia – City of Light, the mixed-use urban development near Accra, has selected Owens Corning to provide roofing shingles for 200 homes in its new housing development, The Oxford.

Some 40,000 square meters of Owens Corning roofing shingles will be used by Appolonia and Eban Construction, the general contractor for The Oxford. The shingles were procured through Owens Corning’s agent in Ghana, Giga Rufs.

In October, Appolonia broke ground on The Oxford, which will feature 2-3 bedroom homes on 20 hectares of the 941-hectare Appolonia site. The Oxford’s show houses are to be completed in early 2016, followed by the launch of sales.

Appolonia is a joint venture between Rendeavour, Africa’s largest urban land developer, and the Chief and Elders of the Appolonia Community.

About Appolonia (www.appolonia.com.gh)

Appolonia is a 941-hectare, mixed-use urban development carefully planned for residential, commercial and light industry purposes – in a space integrated with schools, retail facilities and family parks. Located 25 km from Accra’s Central Business District, Appolonia – City of Light will become home to 88,000 residents and 30,000 day visitors, creating a live-work-play social and economic hub that eases the burden of urbanisation on Ghana’s capital.

About Owens Corning (www.owenscorning.com)

Owens Corning (NYSE: OC) develops, manufactures and markets insulation, roofing and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning posted 2014 sales of $5.3 billion and employs about 15,000 people in 26 countries. It has been a Fortune 500® company for 61 consecutive years.

OC_logo_RGB

Tatu City extends Sinohydro contract for infrastructure

Tatu City, the mixed-use, mixed-income urban land development near Nairobi, is extending its infrastructure roll-out through a major contract with Sinohydro Tianjin Engineering Company, the companies announced today.

Sinohydro, a leading international infrastructure company, has been awarded a contract for water, sewerage and temporary road works for the Tatu City development.

“Sinohydro admires Tatu City as a leading urban development in Africa, and we are excited to continue to supply this revolutionary project with state-of-the-art infrastructure,” said Mr. Jia Yanping of Sinohydro.

Sinohydro will install a water distribution main line, storage tanks and pumping station and connection to the water supply system from RUJUWASCO treatment plant; extend the recently completed sewer line from the Tatu City boundary to the Tatu Industrial Park and Kijani Ridge, the project’s first residential phase; and construct an additional 7 km of temporary roads within Tatu City to 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, worth over 400Ksh million, are due to be completed over the next year. The 2,500-acre Tatu City is Kenya’s largest urban development, with a range of residential, commercial, retail, industrial and logistics areas for all budgets. When completed, Tatu City will be home to over 70,000 residents and receive 30,000 day visitors.

Leading Kenyan companies such as Dormans, Kim-Fay and Maxam have announced that they are moving to Tatu Industrial Park, which includes 420 acres of serviced industrial land, is located within easy proximity to Jomo Kenyatta Airport, Runda, Kenyatta University, UniCity, Thika Highway and the Northern and Eastern Bypasses, giving Dormans a unique gateway to Kenya, East Africa and the world.