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DIASPORA HOMES (K) Ltd Providing housing space to eradicate slums By ERNEST KAMAU Tel 254 20 445 4224/5 Nairobi, Kenya.

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Presentation on theme: "DIASPORA HOMES (K) Ltd Providing housing space to eradicate slums By ERNEST KAMAU Tel 254 20 445 4224/5 Nairobi, Kenya."— Presentation transcript:

1 DIASPORA HOMES (K) Ltd Providing housing space to eradicate slums By ERNEST KAMAU Tel /5 Nairobi, Kenya

2 DIASPORA HOMES Goals Bring Investors & Professionals together to build 20,000 houses and apartments in the next 5 years an estimated Kshs 100 billion/$1.5 billion dollars. Build housing space to eradicate slums. Create well planned estates with water supply, waste recycling systems and meet high environmental standards. Take care of orphans by providing housing space donations. Create employment. Ensure a good return to financiers and investors.

3 PRIMARY PRODUCT: A GOOD HOUSE

4 Kenya Today Kenya area: sq km Population: 37 million. Projected to be 50 million by More than 15 million people live in slums or sub-standard houses. 3 million new homes are required to eradicate slums. Kenya Economy is growing at about 6% & will grow at about 10%, Gross Domestic Product 2007 was about Kshs 3 Trillion/$50 billion dollars. With the growth rate the GDP will increase to Kshs 5 trillion by New homes and infrastructure development will contribute about Kshs 1 trillion/$200 billion dollars. The goal of Kenya government is to see 150,000 new homes built every year.

5 Can Slums be Eradicated? YES! If 150,000 houses every year is met for the next 20 years.

6 What is Diaspora Homes role? Organize the building of part of the 3 million houses needed to change the picture of slums to apartment complexes and houses all over the Kenya.

7 Diaspora Homes Projects My coming to WPI last year opened my mind to New thinking. Today there are: 3 pieces of land that could result into well developed 3/4/5 bedroom houses in a Gated Community Estate. 2 pieces of land that could result to well established settlements outside Nairobi City

8 Project: 1 Land: 53 acres in Kiambu Nairobi Region. Product: 150 houses of about 3,000 sq ft Estimated Investment: Kshs 1.2 billion/$20 million.

9 Picture of 53 acres Land.

10 Project 2 Land: 70 acres in Runda region close to the American Embassy. Product: 200 houses of about 3,500 sq ft Estimated Total Investment: Kshs 2 billion/$30 million

11 Picture of 70 Acre Land.

12 Project 3 Land: 127 Acres close to the Windsor hotel and golf club. Product: 300 houses of about 3,500 sq ft Estimated Total Investment: Kshs 4 billion/$65 million

13 Project 4 Land: 12 Acres in a small town 30 Km/20 miles from Nairobi. Products: 40 houses of about 600 sq ft Shopping Complex Technical High School Estimated Total Investment: Kshs 120 million/ $2 million.

14 Project 5 Land: 5 Acres in a town 10 Km/7m from Nairobi city. Products: 120 apartments of about 800 sq ft sq ft Shopping Complex Light industrial/Commercial space Estimated Total Investment: Kshs 300 million/ $5 Million.

15 Yes! Through investing 1.Technology Equipment that will be needed to build high-rise buildings and roads. 2.Professional Expertise 3.Finances Can you join us?

16 DIASPORA HOMES Business Projections Based on when housing projects ground break 2009: 250 houses Est Kshs 2 billion = $30 million 2010: 1,000 houses Est Kshs 5 billion = $75 million 2011: 3,000 houses Est Kshs 10 billion = $160 million 2012: 5,000 houses Est Kshs 15 billion = $240 million 2013: 10,000 houses Est Kshs 30 billion = $480 million Note we will start with upscale houses then concentrate more on high-rise apartments from 2010.

17 Nairobi is save for investments.

18 Nairobi is one of the fastest growing cities in Africa with a population of about 3.5 million today.

19 Conclusion Where Kenya goes East and Central Africa follows. I hope you will partner and get a good return in this growing economies.

20 THANK YOU DIASPORA HOMES (K) LTD A house built is a Slum Destroyed!


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