Business district and other developments.
Uptake and Occupation
Concept Stage: Specific projects are identified and conceptualized. There exists a basic economic model.
For many years, the municipality has not been able to develop housing projects to accommodate its very fast growing population. The growth rate stands at 3.7% which becomes the fastest in Kenya and the region. Further, Eldoret hosts a number of Universities and has become the regional medical hub due to the existence of a National Referral Hospital and a scores of other quality hospital.
SDG 3 – Good Health and Well-being
The estate is being established near services that are intended to improve the quality of life such as hospitals (including maternity homes), sports facilities, social hall, proximity to shopping malls.
SDG 6 – Clean Water and Sanitation
The estate will be served by sewerage and water reticulation systems.
SDG 11 – Sustainable Cities and Communities
Through 11.1 safe and affordable housing and basic services, 11.6 reduced environmental impact of cities and 11.7 green and public spaces.
1) Financial Risk – The risk that the operations and/or construction of the project will not be funded sufficiently.
2) Operations and Maintenance Risk – The risk that the project will not be operated and maintained in accordance with the standards set out in the Project Agreement.
3) Force Majeure Risk – Risk that unforeseeable event occurs and hampers the ability of the project partners to construct.
Through the application for, and facilitation of internationally accepted risk mitigation instruments for political risks.
Public Private Partnership
1. Land ($4 million) 2. Sewerage, water and electricity ($0.5 million) 5. Amenities: 5.1 Stadium - $2.5 million upgrade 5.2 Maternity Home - $ 1million 5.3 Social Hall, schools.
Yes. National level/Subnational/regional level
Waiver of fees for construction licenses and design approvals, provision of professional supervision.
Mr. Charles Hinga, The principal Secretary, Ministry of Transport, Infrastructure, Housing, Urban Development
Mr. Edwin Bett, County Secretary, County Government of Uasin Gishu
Mr. Tito Koiyet, The Municipal Manager, Eldoret Municipality
Cities Investment Platform in progress - updates pending
Project featured on the Cities Investment Platform, which was launched at the Tenth Session of the World Urban Forum (WUF10)
No supporting documents included.