the vipingo investment park · centum investment plc ( ) which promises to be a model for all new...
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THE VIPINGOINVESTMENT PARK
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The Vipingo Development (www.vipingodevelopment.com) is an integrated economic hub, sponsored by Centum Investment PLC ( www.centum.co.ke) which promises to be a model for all new East African cities.
The project is set to break ground in July 2018.
The project is spread over 10,254 acres. Supported by an urban environment, high quality infrastructure and state of the art amenities and services, the project affords industrial, commercial, residential, hospitality, health care and institutional use.
The Vipingo Development is anchored by an industrial park, set on 1,151 acres. Phase 1 of the industrial park is set on 250 acres providing fully serviced industrial plots, from an integrated master plan. Vipingo is located at the Kenyan Coast, a major gateway connecting East and Central Africa to the rest of the world.
Our vision is to develop the lowest cost and most competitive location from which to do business in the region.
ABOUT US
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1,151 acresIndustrial Park
Industrial Park
ResidentialProperties
Retail & Commercial
Centre
InstitutionalProperties
Undeveloped Land
250 acresFully serviced industrial plots
MIXED USESET UP ACROSS
10,254 ACRES
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MASTER PLAN OVERVIEW
An integrated master plancomprising
10,254 acresto be built in multiple phases
has been developedfor the entire project.
Support Trunk Infrastructure(Roads, Power, Water, Sewerage, Security, ICT etc.)
MASTER PLAN COMPONENTS
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PHASE 1 OPPORTUNITIES
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MASTER PLAN LAND USE
Industrial Residential low-medium densityResidential high densityResidential mixed useRetailCommercial hospitalityCivicUtilityInstitutional schoolInstitutional healthcarePlazaOpen SpacesBufferAgricultureOcean
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STRATEGIC LOCATION
World Positioning of The Vipingo Development
Positioning of TheVipingo Development in Kenya
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ABOUT KENYA
It is characterized by a vibrant and expanding financial market, well trained human capital, favourable policy and improving trunk infrastructure. It is ideally positioned as the gateway to the rest of the region.
The Vipingo Development provides access to key regional and global markets such as the East African Community which consists of Kenya, Uganda, Tanzania, Rwanda and Burundi. This common market has a population of more than 143 million people. With a single customs union, it has a total GDP of USD 147.5 billion.
Further, through Vipingo, investors shall have access to a market of more than 406 million people, found within COMESA, the Common Markets for East and Southern Africa, with a GDP of USD 735 billion.
Kenya is the largest economy in East Africa.
The Vipingo Industrial Park is an outstanding location for local and international businesses that require connection to Kenya, in particular, and the East Africa region as a whole.
Vipingo enjoys excellent highway access, with quick connections to Mombasa port and Mombasa International Airport.
Vipingo is also adjacent to the Vipingo airstrip with daily flights to Nairobi, a proposed international airport and the proposed Lamu-Mombasa railway line. Companies can transpor t raw materials, parts and finished products efficiently and affordably to any part of the world.
DISTANCES FROM KEYINSTALLATIONS
MOMBASA 35KM
MOI INTERNATIONAL
AIRPORT MOMBASA 45KM
MOMBASA PORT 45KM
KILIFI 25KM
MALINDI 80KM
LAMU 300KM
NAIROBI 500KM
DAR ES SALAAM 550KM
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Vipingo is arguably one of the best locations in the region for developing an industrial park, owing to the following key reasons:
1. Reduced time to market – save time spent seeking upfront statutory approvals, negotiations and follow up on land acquisition
2. Access to market – strategic location offering multiple access to market through road, rail, sea and air
3. Reputable project promoter – Centum PLC has a stellar track record in real estate investments, showcased by the Two Rivers, in Kenya (www.tworivers.co.ke) and Pearl Marina, in Uganda (www.pearlmarina.co.ug)
4. Secured statutory approvals – the project has secured all requisite statutory approvals, including for its Master Plan and Change of Use.
5. Tax incentives – enjoy tax incentives within the Vipingo Investment Park Export Processing Zones (VEPZ)
WHY INVEST IN VIPINGO
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VIPINGO INVESTMENT PARK
The Vipingo Development is anchored by an industrial park set on 1,151 acres.
Phase 1 of the industrial park is set on 250 acres providing fully serviced industrial plots, within an integrated master plan development.
Vipingo investment park seeks to establish the lowest cost regional destination for light to medium industrial activities in East Africa. The project is supported by high quality, reliable and cost effective infrastructure including roads, water, power, sewerage and security solutions.
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INVESTMENT PARK OPPORTUNITIES
The Vipingo investment Park is offering construction-ready, serviced land for :
1. Export Processing Zones – EPZ2. Light manufacturing3. Warehousing4. Commercial Properties5. Business, R&D parks6. Affordable residential7. Institutional Properties (eg schools & hospitals)8. Vocational training institute with an international TIVET operator
Starting from KES 15M for fully serviced plots with flexible payment terms
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SUPPORT INFRASTRUCTURE
ROADS• Asphalt or Cabro finished roads• Access point to each plot • Bike tracks• Pedestrian walkways• Street lighting • Lined drains • Bus stops
MAINS POWER• KPLC 3 phase power• 132/33KV substation• 11kv underground reticulation
to each plot boundary
POWER BACKUP• Backup power for the common
areas • Plot owners to provide their own
back up within the individual property
SOLAR• Developers to be encouraged to
install rooftop solar panels
WATER• Sea water desalination plant to be
the primary source of water• Boreholes will provide water for the
construction of Phase 1• Portable water reticulation to each
plot boundary• Treated waste water to be recycled
for irrigation and firefighting
ICT• U n d e r g r o u n d f i b r e o p t i c
reticulation to each plot boundary• Smart utility management systems
SECURITY• Street level CCTV surveillance
cameras• Electric fence for industrial park • Industrial park police post• Security patrols• Perimeter fence to be constructed
by individual developers, in respect of development guidelines
FIRE FIGHTING FACILITIES• Pressurized Fire hydrant reticulation
SEWER• Centralized sewer treatment plant• Sewer reticulation up to each plot
boundary• Industries to pre-treat the industrial
waste to WHO standards before release into the sewer system
SOLID WASTE MANAGEMENT• Solid waste collection and sorting
sites to be provided• Each developer to manage individual
solid waste,in respect of development guidelines
CONTROLLED DEVELOPMENT• Vipingo wil l be a control led
development with development guidelines to be followed by all developers
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Dams Green Parks
Security
Water Desalination Roads
SolarMains Power
Sewer Treatment
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IMPLEMENTATION TIMELINES
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• Market research
• Master Plan development and approval
• Engagement with County Government
• EIA studies
• Infrastructure demand analysis
• EPZ & SEZ Application
• Phase 1 NEMA EIA
• Change of user
• Building plan approvals
• Phase 1 infrastructure approvals
• Signed MOU & scholarship programme for the
Vipingo Community
KEY MILESTONESACHIEVED TO DATE
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HOW TO INVEST
1. Fill in an expression-of-interest form
2. Engage with our investment adviser, identify a plot number; agree on commercials
3. Sign an offer letter and pay a deposit
4. Sign sale & lease agreements, including payment of the balance
5. Submit concept designs for review and approval by The Vipingo Development committee
6. Submit the building plans to Kilifi County for further approval & secure other statutory approvals
7. Ground breaking & Construction
8. Business operations
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ABOUT CENTUM
Centum, a public limited liability company whose shares are listed on the Nairobi Securities Exchange (“NSE”) and the Uganda Securities Exchange (“USE”), is the largest investment company in East Africa with total assets of KES. 61.5 billion (USD 598 million) . Centum is an investment channel providing investors with access to a portfolio of otherwise inaccessible, quality, diversified investments.
Within the strategy period 2014/19, Centum has focused its development activities on eight key sectors as shown below :
Total Assets have grown from KES 61.6 Bn as at 31 March 2017 to KES 62.5 Bn as at Sept.2017
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Vision
Founded in 1967, Centum’s vision is to be Africa’s foremost investment channel. Centum works towards this vision by playing the role of a creator of investment-grade opportunities.
Mission
Centum’s mission is to create real, tangible wealth by providing the channel through which investors can access to build extraordinary enterprises in Africa.
Strategy
Centum’s strategy is to develop investment-grade opportunities of scale across 8 key sectors.
Centum Credit Rating
Centum received a strong credit rating from the Global Credit Rating Co. based on, among other things:
• Centum’s well defined business structure and clear investment strategy
• Strong management and administrative structures
• Robust and increasingly diverse portfolio of investments
Centum Real Estate
In line with its 3.0 strategy of developing opportunities of scale and attracting third party investors to participate in high quality, investment-grade opportunities, Centum has successfully undertaken two major real estate projects in Nairobi, Kenya and in Entebbe, Uganda that offer attractive propositions and returns to investors:
Set on 102 acres within Nairobi’s diplomatic, blue zone, wedged between the Northern Bypass and Limuru Road, Two Rivers is a go-to address in East and Central Africa which integrates retail, entertainment, commercial, hospitality and lifestyle facilities. The development creates an environment of a sustainable city-within-a-city, incorporating state of the art infrastructure and amenities.
The Two Rivers Development has been constructed in phases and, when completed, will have an
Pearl Marina is a mixed-use development on 389 acres on the Garuga Peninsula, Entebbe, Uganda.
The development integrates, as its name suggests, a marina, as well as luxury residences, top-notch hotel resorts, office parks, a retail centre and a wide range of sports and recreational activities, all supported by expertly planned, sustainable infrastructure.
estimated built- up area of 1,500,000 m2. Phase 1 of the development has been completed, comprising the following:
• Two Rivers Mall; the largest retail mall in Sub-Saharan Africa, except for South Africa
• 3 star hotel• Office• Support infrastructure including roads,
sewerage, power substation, water and waste water treatment plants
Pearl Marina is being developed in phases and, when completed, the development will have a built-up area of 1,440,749 m2. Phase 1 of the development has been completed comprising the following:
• Luxury residential villas• Support Infrastructure including roads, water,
sewerage and power
a. Two Rivers development, Nairobi (www.tworivers.co.ke)
b. Pearl Marina, Uganda (www.pearlmarina.co.ug)
VIPINGO DEVELOPMENT LIMITED
P.O Box 117 - 80119, Vipingo
Tel: +254 20 228 6000 / 316 303
Mobile: +254 722 205 339 / 709 902 000
Email: [email protected]
www.vipingodevelopment.com
CONTACT INFORMATION
CENTUM INVESTMENT COMPANY LTD
9th Floor, South Tower, Two Rivers
P.O BOX 10518-00100, Nairobi, Kenya
Tel: +254 20 228 6000 / 316 303
Mobile: +254 722 205 339 / 709 902 000
Email: [email protected]
www.centum.co.ke
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