Kenya Private Developers Authority (KPDA) continues to encourage private developers to invest in Konza technology city. This follows after the State announced construction of the first phase of the city to begin in March, setting on course the development of the multi-billion venture. The first phase is set to create an enabling environment through the establishment of critical mass of jobs and services required to stimulate the remainder of development to support a population of up to 5,000. People will be able to live and work within Konza by April 2017.
Kenya Private Developers Authority (KPDA) continues to encourage private developers to invest in Konza technology city. This follows after the State announced construction of the first phase of the city to begin in March, setting on course the development of the multi-billion venture.
The first phase is set to create an enabling environment through the establishment of critical mass of jobs and services required to stimulate the remainder of development to support a population of up to 5,000. People will be able to live and work within Konza by April 2017.
Speaking at an investment forum in Nairobi, Konza Technology City Development Authority (KoTDA) CEO Eng. John Tanui said “We will be doing the groundbreaking of KES1.2 billion mixed use facility to host our offices, commercial and residential units in March this year as well as putting up the first schools. Also, we are completing the design for the provision of utilities including waste water management, street lighting, water, power and Internet systems to ensure that these are laid out in the right way before construction of the same begin in the next financial year.”
Meanwhile, KoTDA has signed contract with Stanley Kebathi of SK Archihplans for the design of Konza building.
In October 2015, KoTDA presented 24 parcels of land to the private sector, with an aim of attracting investors interested in taking up long term investment in Konza City. Phase 1 A of Konza city will see 60 acres of land curved out of the larger 5000 acres set aside for the development of Konza city. The 60 acres will be leased out to investors for the development of low and higher density buildings that accommodate both commercial and residential premises.
“At the end of this month we will also be announcing the winning bidder who will be allocated land to set up a school whose construction we expect to start in this financial year,” he said.
The newly appointed PS ICT, Eng. Victor Kyalo at the forum affirmed that the project is ready to kick off and confirmed government’s support in ensuring the delivery of the technology city. The Konza city development project was launched by former President Mwai Kibaki in 2008 as a Vision 2030 project but has since been mired by uncertainty on its viability and timing.
