Tenders Are Invited For Econsult Png Green Affordable Housing Ppp Legal Consultant

Tender Detail

22277160
1264117
World Bank
Tenders Are Invited For Econsult Png Green Affordable Housing Ppp Legal Consultant
ICB
Melanesia
Asia-Pacific Economic Cooperation, APEC
11-09-2019

Work Detail

Tenders Are Invited For Econsult Png Green Affordable Housing Ppp Legal ConsultantPapua New Guinea Png Is Facing A Growing Challenge To Develop And Provide Adequate Affordable Housing Employment Opportunities And Access To Services In Cities Are Driving Factors For Rapid Rural To Urban Migration And Thus Increasing The Demand For Housing In Urban Areas However The Housing Market Has Failed To Respond To Growing Demand Which Has Resulted In A Substantial Shortfall Of Housing This Project Aims To Create A Market For Affordable Green And Climate Resilient Housing Through A Model Pilot Public Private Partnership Ppp Which Unlocks Government Land Leverages Government And Private Sector Contributions And Demonstrates A Model For Large Scale Affordable Housing Development To Reduce The Growth Of The Citys Informal Settlements Ifc Will Provide Transaction Advisory Support To The National Capital Development Commission Ncdc For The Selection Of A Developer To Design Build Finance And Maintain The Green And Climate Resilient Housing Units For Low Income And Middle Income Households In Png The Project Will Be Structured As A Mixed Income Housing Project Comprising A Mix Of Single Unit Family Dwellings And Affordable Flats Constructed In G 2 3 Level Buildings To Encourage Greater Density Whilst Culturally Appropriate With Adequate Amenity Connectivity And With Due Regard To The Environment Profits Made On Single Unit Dwellings Marketed To Mid Higher Income Earners Will Be Used To Cross Subsidize The Price Of Affordable G 2 Flats For Low Middle Income Earners The Government Contribution Is Expected To Come In The Form Of A Combination Of Some Or All Of The Following A Land B Trunk Infrastructure And C Duty Tax Concessions For The Project The Aim Is That This Contribution Along With Project Structuring And Strong Competition Will Drive Prices Down To Affordable Levels As Part Of Its Transaction Advisory Support Ifc Will Undertake A Demand Assessment And Technical And Commercial Evaluation Ifc Will Assist In Structuring A Commercially Viable Model To Select A Private Sector Player To Develop The Project Ifc Will Also Undertake An Affordability Analysis And Examine Whether Any Enhancements Are Needed To Available Housing Finance Products To Increase Access To Finance To Low Income And Middle Income Households

Key Value

Tender Value
Refer document
Attachments
Additional Details Available on Click
✓ Tendering Authority
✓ Publication Document
(Tender Document / Tender Notice )
Disclaimer :
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
Tell us about your Product / Services,
We will Find Tenders for you

Copyright © 2024 · All Rights Reserved. Terms of Usage | Privacy Policy

For Tender Information Services Visit : TenderDetail