Scope The Akon City project is taking shape. The American company KE International has been awarded the contract to build this futuristic and ecological city which will be located near Mbodime a small coastal village in the west of Senegal. This locality will see the growth of a town whose development will revolve around a crypto-currency called Akoin that will be launched this year.According to virtual currency journalist Stanislas Pogorzelski the Akoin ecosystem is based on the Stellar Consensus Protocol SCP and the Akoin Utility token which uses Atomic Swap technology to facilitate exchanges with other major crypto-currencies alternative currencies of its partners and cash currencies such as the CFA franc dollar or euro editors note.The construction of the new Akon City will require an investment of 6 billion. The city which is intended to be environmentally friendly will be built on an area of 2000 hectares. KE International has already secured 4 billion for the first and second phase of the project. The consulting and engineering firm has thus chosen to implement this mega project with Bakri Associates Development Consultants.The company based in Dubai United Arab Emirates will be responsible for the architectural design of Akon City. According to KE International the first phase of the project which will be completed in 2023 will result in the construction of roads a Hamptons Hospital campus a Hamptons Shopping Centre residences hotels a police station a school a landfill for the citys waste and a solar power plant to supply the whole.The city has already been designated a special tax zone by the Senegalese government. This distinction allows the reduction of imports into Akon City which is attractive to investors. The city will be integrated into the countrys tourism vision thanks to a partnership signed in January 2020 between the Development and Promotion Company for the Coasts and Tourist Areas of Senegal Sapco and the project promoter the Senegalese American RnB singer Akon whose real name is Badara Akon Thiam.The second phase of the Akon City project is scheduled to begin in 2024 and be completed in 2029. It will allow the complete construction of the city which will operate exclusively with Akoin crypto-money. The city will consist of parks universities schools a stadium hotels and an industrial complex. KE International also indicates that Akon City will be LEED Leadership in Energy and Environmental Design certified a North American system for standardizing high environmental quality buildings created by the US Green Building Council.KE International is not in its first new city in Africa. In December 2020 the company will inaugurate the Mwale Medical and Technology City MMTC a 2 billion green city located in Butere sub-county Kakamega in western Kenya. The MMTC will house 4800 affordable medium-sized environmentally friendly residences. Also
π Key Information
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Tender Reference No.
454532471
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Publication Date
27 Jun 2020
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Estimated Value
USD 6000000000
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Sector
Sports and leisure
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Deadline
31 Dec 2029
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Notice Type
Projects
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Location
Senegal
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Contract Duration
9 Years 6 Months 4 Days
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Documents & Downloads
No documents found
π·οΈ CPV
No CPV found
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