Government seeks investors to tap opportunities at Konza Technopolis

Government seeks investors tap opportunities at Konza Technopolis

The government of Kenya is calling on investors to take advantage of investment opportunities presented by the Konza Technopolis. ICT Cabinet Secretary Joe Mucheru made the announcement and said the the data center at Konza City is now ready to host government and private sector data needs.

The Konza Techno City is an innovation hub constituting of a technology firms and higher education space. The Technopolis is situated on a 5,000 acre piece of land 60km from the country’s capital city of Nairobi. The project was launched by the former President Mwai Kibaki in 2008 as a Vision 2030 project. The African Development Bank had also aided in the construction of Thwake Dam which will be able to provide reliable water for running operations in the city.

Africa’s premiere techno hub

Once operational, the city will be able to attract software developers, university campuses focused on research and technology, hospitals, schools, high speed mass transport system, a Business Process Outsourcing (BPO) park among other world class amenities. It is also meant to put Kenya on the global spotlight as Africa’s premiere techno hub.

The project which has been termed as a regional model of building future cities has so far attracted over 40 firms that had applied to establish investments in technological ventures. 40% of the 145 parcels under phase one of the project has already been taken up. Companies that have taken up space at Konza City include a South African specialized hospital, an American hospital, Software development companies, Real estate developers, hotel, and residential houses.

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