Invitation to Tender – Investment Attraction Firms

Role – Bungoma, Eldoret, Isiolo, Iten, Kathwana, Kerugoya/Kutus, Kisii, Kitui, Lamu, Malindi, Mandera, Wote, Kenya
Sustainable Urban Economic Development Programme (SUED)

Work with Kenyan Municipalities to build their capacity to plan and attract investments
Sep 2018- Aug 2022
Bungoma, Eldoret, Isiolo, Iten, Kathwana, Kerugoya/Kutus, Kisii, Kitui, Lamu, Malindi, Mandera, Wote -Kenya

The Programme
The British Government through the UK Department for International Development (DFID) is supporting emerging urban centres in Kenya through the Sustainable Urban Economic Development Programme (SUED). SUED is a £60 million, five-year programme, supporting 10 fast growing municipalities to develop sustainable urban economic plans and attract investment for critical climate-resilient infrastructure and value chain projects, to better harness inclusive economic growth.
The Position
SUED is inviting interested firms/consortium to submit tenders to offer investment attraction services ranging from completion of pre-feasibility studies to drawing in investors to fund specific projects in three municipalities in Kenya, namely: Kathwana, Kisii and Iten.
This will involve taking the projects all the way from conducting pre-feasibility studies to achieving financial close. The interested firms/consortium will be required to help the selected municipalities develop and implement investment promotion strategies and draw in investors to fund commercially bankable climate-resilient infrastructure and value chain projects identified in their urban economic plans. The preferred supplier is expected to provide all the needed support, inputs, documentation, services and content for the project to achieve successful financial close.
The Firm/Consortium
Interested firms/consortium will be required to demonstrate the following in their response to this ITT:

In-depth experience in the provision of investment attraction and/or transaction advisory services;
Ability to work at national or sub-national level in Kenya or similar setting;
Ability to conduct pre-feasibility studies across a range of sectors in various municipalities in Kenya;
Ability to develop and implement investment promotion strategies;
Extensive networks within the investing community (both public and private);
Experience in developing match-making platform for investors and those seeking capital to connect on active deals;
Expertise in structuring various types of investment transactions including use of early stage/seed financing vehicles.

The details and full scope this ITT including can be found on https://www.suedkenya.org/opportunities