The Kerio Valley Development Authority (KVDA) is a state corporation under the ministry of Regional Development Authorities and was established vide Cap 441 of the laws of Kenya in 1979 with a mandate to address socio-economic development in it's area of jurisdiction through sustainable utilization of basin-based natural resources such as river Waters, mineral deposits, etc as well as environmental conservation.
In pursuit of this mandate, KVDA intends to establish a Cement factory in Ortum/Sebit areas within West Pokot District of north Rift part of Kenya. The project is aimed at exploiting the Western Kenya (Nyanza, Western and Rift Valley provinces) market for cement that has not been fully developed to benefit the regions population which is 40% of the country's populace.
In addition to the local consumption, establishment of a cement factory in the region would readily boost foreign exchange through supply to the markets beyond the borders into Uganda, Sudan, Rwanda and Burundi amongst others.
The proposed project is well covered with key infrastructure that include communication facilities (railway point, bitumen-surfaced international trunk highway) a 33 kv power transmission and 220kv high-tension lines and perennial surface water.
The feasibility study of the project, undertaken in 1987 and reported in early 1990 confirmed the viability of the project and its social and economic advantages to the region. The study revealed a positive Rate of Return on the investment for an economic life of 35-50 years with an annual cement production capacity of 300,000 metric tones.
KVDA therefore invites prospective partners to express their interest in a joint investment venture with the Authority. The interested partners should:
In pursuit of this mandate, KVDA intends to establish a Cement factory in Ortum/Sebit areas within West Pokot District of north Rift part of Kenya. The project is aimed at exploiting the Western Kenya (Nyanza, Western and Rift Valley provinces) market for cement that has not been fully developed to benefit the regions population which is 40% of the country's populace.
In addition to the local consumption, establishment of a cement factory in the region would readily boost foreign exchange through supply to the markets beyond the borders into Uganda, Sudan, Rwanda and Burundi amongst others.
The proposed project is well covered with key infrastructure that include communication facilities (railway point, bitumen-surfaced international trunk highway) a 33 kv power transmission and 220kv high-tension lines and perennial surface water.
The feasibility study of the project, undertaken in 1987 and reported in early 1990 confirmed the viability of the project and its social and economic advantages to the region. The study revealed a positive Rate of Return on the investment for an economic life of 35-50 years with an annual cement production capacity of 300,000 metric tones.
KVDA therefore invites prospective partners to express their interest in a joint investment venture with the Authority. The interested partners should:
- Demonstrate their capacity to marshal the required resources for this investment;
- Propose the type and capacity of the manufacturing plant to be used;
- Demonstrate their managerial capability including the expertise to implement and operate the manufacturing plant effectively and efficiently;
- Provide their Company's profile, reference cases where similar investment has been undertaken by the firm in the last 10 years and are currently in operation;
- Provide its Audited Accounts for the last five years or in case of a consortium the leading firm's.
- State, binding social dimensions that the firm's would be willing to offer to the local communities of the project area when undertaking the investment.
The firms should note in line with Government policy that 30% of the shares shall be reserved to the Government in this case represented by KVDA.
If your firm is interested, submit Expression of Interest document in a plain sealed envelope marked "Expression of Interest to establish a Cement factory in Ortum/Sebit area of West Pokot District" addressed to:
THE MANAGING DIRECTOR
KERIO VALLEY DEVELOPMENT AUTHORITY
KVDA PLAZA
P.O.BOX 2660
ELDORET.
TEL: +254-053 2063361-3;
Cell: 254 0722662495
E-mail: infor @ kvda.go.ke
To reach us on or before noon on 13th October 2009
If your firm is interested, submit Expression of Interest document in a plain sealed envelope marked "Expression of Interest to establish a Cement factory in Ortum/Sebit area of West Pokot District" addressed to:
THE MANAGING DIRECTOR
KERIO VALLEY DEVELOPMENT AUTHORITY
KVDA PLAZA
P.O.BOX 2660
ELDORET.
TEL: +254-053 2063361-3;
Cell: 254 0722662495
E-mail: infor @ kvda.go.ke
To reach us on or before noon on 13th October 2009
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