DRC CONGO
Tender Name: Tender for Proposed Construction of Cité Limpamboli - First Smart Gate Community Project in Kasangulu, DRC.
Project Name
PROPOSED CONSTRUCTION OF CITE LIMPAMBOLI - FIRST SMART GATE COMMUNITY IN KASANGULU, DRC
Project Description
This TURNKEY project presents the opportunity to champion a first of its kind smart-gated city in the Democratic Republic of Congo, away from heavy traffic and pollution, while simultaneously delivering quality and affordable housing for the middle and upper classes of the country.
The Cite Limpamboli project is a multi-unit development involving apartments and houses of different configurations and allied facilities.
The Cite sits on about 40 hectares of prime land in Kasangulu, Kongo Central, capable of accommodating multi-story condominiums, a level 4 hospital, a school, a train station, a water theme park, a mall among other facilities.
With an estimate of 336 apartments and 294 houses, each apartment will be 2, 3 and 4 bedroomed with 2-3 bathrooms, a lounge, a dining room, a kitchen, and a master ensuite. Apartments will be housed in six, 7-storey blocks, with ample parking space for residents.
Project Details
- Project Value: Approximately between USD 140m - USD 160m
- Project Period: 36 - 52 months
- Number of Phases: 4 - 6 phases
- Cost per Phase: USD 28m - USD 30m
- Project Manager and Architect: UDESIGN LIMITED - Arch Mutahi
- Contractor: TBA
- Project QS: TBA
- Financial Advisors and Arrangers: AVLC Group - Andrew Kanyutu
- Project Bankers: Equity BCDC and Rawbank DRC
Project Timelines
- Finalize the BOQS - 31st October 2023
- Contract Signing - 5th November 2023
- Project Media Launch & Ground Breaking - 8th to 11th November 2023
- Mobilization - End November 2023
Construction and Payment
Infrastructure construction and construction of houses are funded by the developer.
Payments are guaranteed by an irrevocable and confirmed SBLC issued by project bankers and confirmed by a tier 1 bank.
Payment milestone is completion in full of all houses in each phase.
Project pricing and details shall be provided separately.
