East African Business Week

NAIROBI, KENYA -- The Vision 2030 Delivery Board recently signed a memorandum of understanding with Tatu City, endorsing the unique housing and infrastructure development concept as a model for private development and management of municipalities.
Speaking during the signing of the MoU, Vision 2030 Delivery Board Chairman, Dr. James Mwangi, hailed Tatu City master planners for developing a holistic urbanization model that is cognizant of the social and economic pillars of Vision.  
"The government is keen to ensure that the social and economic development of our citizens are at the centre of our policies. This is the main driver of Vision 2030. The approach taken by the promoters of Tatu City clearly demonstrate that this is also at the heart of the master plan they have developed."
The city, whose master plan was launched in October 2010, is an all-inclusive development incorporating 11 different land uses with residential accounting for 60% of the total land area. The balance will be allocated for a technology park, commercial retail and hospitality developments. On completion, Tatu City will be home to an estimated 62,000 residents and is expected to have 30,000 day visitors.
Speaking during the ceremony, Tatu City Chairman, Nahashon Nyagah confirmed that the partnership would go a long way in promoting the socio-economic development of the country in line with the Vision 2030.
"We are delighted to collaborate with Vision 2030 whose goal for sustainable development for our Nation inspired Tatu City.  At a macro level, this is a project that will not only positively impact the livelihoods of the ordinary Kenyan but will also assist the government in its efforts to adjust its policies to accommodate similar projects" he said.