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IIB Development Group

May 29,2020

IIB Development Group signed on May 29,2020, with City of David Project Development SAS represented by CEO, Dr. David Kawel Kena for financing, construction of Construction of a new modern city named City of David on 9 000 ha. A new city has been created in the province of Haut Katanga, Democratic Republic of Congo on the named “City of David” on the RN 1 Route Likasi 39 Km from Lubumbashi City.

CEO, Dr David Kawel Kena: “The revolution of modernity is one of the many missions that CITY OF DAVID PROJECT DEVELOPMENT has set itself. To do so, we bring concrete actions in the heart of Africa, here is a proof: “CITY OF DAVID”, a modern city on 9000 Ha, the largest real estate project in Africa.”

The City of David is established on 9000 Hectares

  • 10 Subdivision zones which are:
  • 1Business center and a Semi Residential High and Middle cost range. (Phase 1A and 1B) 280 Ha
  • 3 Zones of Social Housing, Entry and medium Range Cost 2000 Ha
  • 1 District Urban Center (City Center) 600 Hectares
  • 1 Economic zone (Industrial Park) 500 Ha (100 Ha Silicone valley)
  • A 200 Ha Olympic (Sports) Park
  • Touristic Park 600 Ha
  • Agro-industrial park 400 Ha

PHASE 1A MEDIUM AND HIGH STANDARD, SEMI RESIDENTIAL AREA, BUSINESS CENTER

  • 300 High Range Single-Family and Multi-Family
  • 300 Apartments in Grouped houses,
  • A Modern Clinic of 377 Beds
  • Office Parks
  • A mix of Use Development and Commercial Corridors
  • An International Bus Station.
  • Major development Shopping centers, office building
  • Schools, Churches
  • Main and secondary roads
  • Phase 1 is subdivided into 2 sub-phases:Phase 1A Called “Green Valley”Phase 1B Called “Grand Katanga

City of David Project is evaluated at 1.7 Billion United States Dollars and the Project will be developed within parameters of humanitarian assistance in terms of upliftment, life enhancement, job creation, infrastructure development and skill.

City of David Project Development SAS wishes the project to be carried out and financed by IIB Development Group, LLC.

About IIB-DG Africa

IIB Development is a consortium of US based companies specializing in financing and infrastructure development. IIB Development Group brings together experts in synergistic industries to develop turnkey innovative solutions in infrastructure and development – housing, roads, water and wastewater, energy, railways as well as financing of all these projects

IIB Development Group is a centre of excellence for financing and infrastructure development at affordable levels using environmentally sustainable approaches, which meet the growing needs of developing countries. IIB-DG offer state of the art, innovative and affordable technology and work with the governments and local partners including where possible, setting up manufacturing plants locally to produce building units for residential and commercial structures.

For over 40 years, DR. Horton, a member of IIB-Development Group has been building, constructing, producing machines and transferring technology to its customers all over the world. DR. Horton is listed in all magazine as the Number #1 Home Builder in America and the world with billion revenues per year. IIB Development Group is a leading provider of an innovative building system capable to reduce construction time in the high-scale housing projects, thus offering a strong solution in the socio-economic development of emerging markets throughout the world. Building system allows fast, efficient, and large-scale construction through the construction of innovative products and processes.

www.IIBdevelopmentgroup.com

About City of David Project Development SAS

CITY OF DAVID PROJECT DEVELOPMENT SAS, Company incorporated under the Democratic Republic of Congo Law (Register Company Number: RCCM / 14 – B – 1303, NRC 2406), having principal offices located at 2245, Kasai Avenue, Lubumbashi, Province of Haut-Katanga, Democratic Republic of Congo.

CITY OF DAVID PROJECT DEVELOPMENT, RCCM: 14-B-1303 IDNAT 6-450-N07551M
NO.2245, AV. KASAI, CORNER KIMBANGU, COMMUNE LUBUMBASHI,
LUBUMBASHI CITY, HAUT KATANGA PROVINCE, DEMOCRATIC REPUBLIC OF CONGO.
HQ LUBUMBASSHI, 2245 AV KASAI, Commune de L’SHI, Haut Katanga Province Tel +243
812841762 Coordination Nationale: 644 Av. TOMBALBAYE N KIN MAZIERE Local 5 Tel
+243 816122703

Media Contacts
Carolina Mateos
Corporate Affairs and Investor Relations
IIB Development Group
info@iibdevelopmentgroup.com

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