Kireka Slum Rejuvenation Project

Kireka Slum Rejuvenation Project

27. február 2024 Print this page 3 Minutes reading time (1051 words)
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PROJECT PROFILE

 

Project name
Kireka Slum Rejuvenation Project
 
Sector
Real Estate
 
Proposed investment
USD 158,400,000
 
Financing type
Equity
 
Project site/ location/ Country
Kira Municipality, Wakiso District - UGANDA
 

 

National Housing and Construction Company Limited (NHCC) functions as a semi-quasi government entity with a specific mandate to address Uganda's housing needs. With a projected housing deficit of 200,000 units resulting from the metropolitan area's expansion into towns like Wakiso and Mukono, NHCC aims to confront this challenge and leverage immediate opportunities.

 

Project type
✅ Greenfields
☐ Brownfields
☐ Expansion
 
Investment type
☐ PPP
✅ joint venture
☐ Private       ☐ Public
 
Project status
✅ Feasibility completed
☐ Pre- feasibility
☐ Feasibility started
 

 

Two key projects, the Kireka Slum Rejuvenation Project and the Bukerere Housing Project, have been identified, and NHCC is actively seeking financial partners for their realization. The company owns 292 acres of freehold land in Kireka, Wakiso. NHCC intends to develop approximately 12,000 housing units in five phases.

 

 

The initial phase focuses on social housing for 1, 2, and 3 occupants, followed by subsequent phases featuring commercial residential options for various income brackets. The developments include apartment blocks, townhouses, villas, and necessary infrastructure, emphasizing sustainability in both design and implementation.

 

Reach out to us to schedule a meeting to discuss and present this lucrative project in details.

info@infotechslovakia.sk

+421 902 254 939

 

 

Image source: 3 Bedrooms – Impala Semi-Detached. (n.d.). Retrieved February 27, 2024, from https://nhcc.co.ug/property/3-bedrooms-impala-semi-detached/.

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