Konza City investors to meet
INNOVATIONS| July 2, 2012, 10:12 a.m.
The developers of Kenya’s new techno hub, Konza City, will stage the first Konza Techno City Investors Conference in Nairobi next month.
The conference, to be held at the Kenyatta International Conference Centre from 7 – 9 August, aims to bring together 500 local and international investors to discuss financing models for Konza Techno City.
Konza City, envisaged as kenya’s answer to Silicon Valley, will be built 60km from Nairobi. Development will take place over 20 years at a cost of around USD7 billion. The project will include an ICT park, educational facilities, shopping, recreation and residential areas, and business premises.
The City is expected to create about 200,000 jobs in Business Process Outsourcing and Information Technology Enabled Services (BPO/ITES) and related sectors over a 20 year period.
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