Project Update

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24 May, 2016

Mucheru appoints Konza City board members

 

Information Communication and Technology Cabinet Secretary Joe Mucheru has appointed board members to the Konza Technopolis Development Authority (KoTDA).

The five new board members comprise of Heron Gekonge Nyakundi (building economist), Victoria Jepkemoi Chepseba (lawyer),Eng. Kaburu Mwirichia (Management and Energy Systems) Mbithe Muema (Investment banker) and Caroline Wangui Kariuki

The new KoTDA Board will be chaired by Architect Ruben Mutiso who was reappointed earlier in the year by the President.

The appointment comes at a time when the techno city is ready for takeoff following progress on the horizontal infrastructure development and huge investor interest from the expression of interest advertised earlier in the year.

“We have taken time to ensure that KoTDA gets a well constituted board with regards to expertize. I am confident that the new team will steer the authority in the path of success and the project will soon fully take off,” said the ICT Cabinet Secretary.

Mucheru further lauded the move by Authority to adopt Engineering, Procurement, Construction and Finance model which is already on cause for the development of horizontal infrastructure.

“With the adoption of the Engineering, Procurement, Construction and Finance model (EPCF) which is on cause for the development of the horizontal infrastructure, the new board and management will now focus on bringing investors on board “he added

The techno city, located to the East of Nairobi and designed to be Africa’s Silicon Savannah, targets to contribute approximately two percent to the Kenya’s Gross Domestic Product (GDP), once phase one is operational.

The land will be leased out to investors for the development of low and higher density buildings to accommodate schools as well as commercial and residential premises. Konza Techno City is a national flagship project under Vision 2030, Kenya’s economic development blueprint that seeks to catapult the country to middle income status by the year 2030. The government seeks to make it a magnet for investors, while hosting more than 230,000 residents and workers.