Billion shilling Tatu City takes shape with launch

From left: US Ambassador Robert Godec, Foreign Affairs CS Amina Mohammed, Nancy Muthoni of The Property Show, Tatu City acting CEO Antony Njoroge and Kiambu Governor William Kabogo during Tatu City ground-breaking ceremony over the weekend. [PHOTO: COURTESY/STANDARD]

Construction of homes in the multi-billion shilling Tatu City has formally kicked off in a major breakthrough, following a five-year delay caused by director wrangles and court cases. Last Saturday’s development will calm anxiety among hundreds of buyers and investors in the project whose investments worth billions of shillings had been rendered idle since 2008.

US Ambassador Robert Godec led the groundbreaking in the symbolic event that could tell of a truce among the warring shareholders, ahead of the official visit by President Barack Obama in two weeks. “We hope firms establishing themselves in Tatu City will take advantage of Agoa and increase US-Kenyan trade for years to come,” Godec said. American investment company Rendeavuor had invested Sh10 billion in the project, including the infrastructure development such as road and sewerage.