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Kenya opens up “phase 1” of Konza technocity to investors

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Konza Technopolis Development Authority (KoTDA) has invited investors to take up space in the first phase of the Konza Techno City.

The initial development dubbed “phase 1” has been sub-divided into various parcels of land.

The winning firms will be given a lease on those parcels of land where they will build approved structures as per the Konza city master plan.

The facilities to be put up include schools, office blocks, residential housing, shopping malls, as well as recreational facilities.

“The expression of interest will close on 30th of January 2016, after which the evaluation will be undertaken. Eligible investors are required to demonstrate financial and technical capability and show experience in having undertaken similar projects in their fields of expertise,” said Eng. John Tanui, CEO KoTDA.

The selected private investors will be required to commence development works in April 2016.

The authority will develop its headquarters in one of the parcels, with the ground breaking for KoTDA office scheduled for February 2016.

“We are looking forward to working with the investors to realize the Silicon Savanah dream that will position Kenya as a global center for innovation and Africa’s technology hub,” noted Eng. Tanui.

The rough grading of the roads to Phase 1A is complete. The site is already connected to piped water from seven bore holes drilled on location. In addition, KoTDA is sourcing for bulk water supply from Nol-Turesh Water Supply Company.

The authority has also embarked on discussions with the Kenya Energy Transmission Company (KETRACO) to put up a power sub-station at Konza City, which will ensure that the techno city has steady power supply.

Expression of interest for the development of schools has already been advertised. KoTDA has already allocated land for the establishment of an anchor University, the Kenya Advanced Institute of Science and Technology (KAIST) to propel implementation of Phase 1.

Investors are also invited to make their proposal on any other investment of their choice that focuses on science, technology, engineering and innovation.

Kenya opens up “phase 1” of Konza technocity to investors Reviewed by on . Konza Technopolis Development Authority (KoTDA) has invited investors to take up space in the first phase of the Konza Techno City. The initial development dubb Konza Technopolis Development Authority (KoTDA) has invited investors to take up space in the first phase of the Konza Techno City. The initial development dubb Rating: 0

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