Hostel plan for 35000 Kenyan students
University hostels for Kenya
Project finance advisory service
Kenya Ministry of Finance PPP Unit
2015 – current
Genesis is the lead partner in a consortium that has been retained to provide transaction advisory services for the development of hostels for 35000 students at five universities in Kenya .
The Genesis Infrastructure team is providing a full portfolio of services, right from the feasibility study through to the financial close.
As part of the scope of work, Genesis will also undertake an evaluation of the project in order to assess the economic impact it will have on the Kenyan economy. The core requirements of the consortium are the production of technical and financial feasibility studies, the preparation of bid documents and assistance with the selection and contracting of the preferred bidder.
The feasibility report was submitted in mid-September 2016 and it is expected that the project will enter the procurement phase in 2017.
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