A private municipality

Tatu City has bagged crucial approval from government agencies signalling that investors want to plough ahead with the plan for what is billed as the country’s largest private investment in real estate – despite courtroom battles by the founding shareholders.

Renaissance Capital representative Josphat Kinyua told DN2 this week that the company has now had the master plan for developing the city approved by the Ruiru Municipal Council, under whose jurisdiction the investment falls.

The National Environmental Management Authority has also given a nod to the investors who plan to build a city with the capacity to accommodate as many as 62,000 residents.

In addition the development will contain a stadium, technology park, hospital, housing, retailers, office towers and playgrounds.

read more: nation.co.ke/Features/DN2