📋 Tender Overview
Project Number
609219
Sponsor
Tilisi Developments PLC
Date SCCP Disclosed
Feb 25, 2025
Country
Kenya
Region
Africa
Last Updated Date
Industry
Manufacturing, Agribusiness & Services
Sector
D-B - Commercial Property
Department
Regional Industry - MAS Africa
Description: Project Summary
Tilisi Developments PLC as a master developer, develops infrastructure and sells fully serviced land parcels to third party developers. The development represents a lifestyle that harmoniously integrates various faces of urban living, thereby creatin vibrant communities and has embraced a holistic approach to urban design by incorporating green spaces and pedestrian friendly spaces. The amalgamation of nature and architecture fosters a healthier and more sustainable urban environment. Tilisi and IFC are looking to collaborate on project development activities to support the expansion of the onsite captive power infrastructure (the Project ). The proposed project requires early-stage project development support, particularly feasibility and optimization support for onsite captive power infrastructure expansion including a substation and rooftop solar as well as expansion of water treatment and roads. The Project aims to further enhance Tilisi’s plug and play model of offering fully serviced land parcels, by increasing the capacity of power, water, drainage, and other facilities. This capacity increase is to fulfill demand from Tilisi’s growing base of tenants in industrial, commercial, and residential sectors. IFC intends to provide project preparation support required through managing and funding external consultants and deploying IFC's in-house expertise and resources to achieve financial close of the Project.
E & S Information
The impact of this project cuts across a general boost to local economy by supporting the growth of quality and affordable housing in a rapidly urbanizing city like greater Nairobi, with improved access to urban amenities within compact neighborhoods. Supporting Tilisi’s optimization of power, water and road infrastructure helps enhance the social and economic aspects of the development by ensuring the construction of integrated sustainable communities. The first phase of the project aims to promote manufacturing and agribusiness activities within its’ logistics and industrial park with a plug and play model for operations. Moreover, the Project activities on power optimization and evaluation of rooftop solar solutions is expected to facilitate greening of Tilisi’s power infrastructure.
