The project has been in the pipeline since 2008.
The billionaire has developed plots within Nairobi's Westlands and Upper Hill areas.
KeNHA will wait for MPs to pass laws that will allow the erection of toll stations.
The programme is expected to create Kenya's first data bank of certified artisans.
The plant targets to produce one million square metres of walling by December.
Easy steps to renew your annual practicing license
The tender will most likely be awarded late next year.
The sector grew by 6.4pc in 2019, down from 6.9pc in 2018.
Stima Village comprises 76 maisonettes of which 40 are 3-bedroom and 36 are 4-bedroom.
The cities are a great choice for anyone looking to invest in the Kenyan real estate market.