Written by BOSCO HITIMANA/From EABW"KIGALI, RWANDA - Set on mobilising funds for land acquisition and make it ready for investors, Kigali City Council (KCC) seeks to issue a municipal bond in September this year.
The city seeks to spend the money in developing ready to sell plots with roads, electricity and water in key areas that have been identified by the new city plan.
The city seeks to spend the money in developing ready to sell plots with roads, electricity and water in key areas that have been identified by the new city plan.
The move is geared by the new unveiled 50 year conceptual master plan of the city that is anticipated to make Kigali better planned city in the region and an investment destination.
The plan contains renewable five-year detailed physical plans that will serve as benchmarks for the city planners depending on the infrastructure and type of activity to be set up.
The city authorities have contracted Dyer & Blair Securities Rwanda Limited, a subsidiary of Dyer & Blair Investment Bank based in Kenya, as their lead transaction advisor."
Complete article can be found at "Kigali City moves to issue municipal bond"
Category: Rwanda + Public Policy + Development
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