Business

Konza set to benefit from Korea’s expertise

Friday, March 18th, 2022 10:27 | By
Jerome Ochieng is the Principal Secretary for ICT and Innovation said the government  is keen on forging partnerships that will spur the country’s socio-economic transformation. PHOTO/COURTESY

Kenya and Korean Governments have formalised an expertise exchange Programme that will see 10 projects in Konza benefit from funding by the Asian country.

The Economic Innovation Partnership Programme (EIPP) 2021/22 is aimed at fast-tracking development of smart city infrastructure at Konza Technopolis through special grants from Korea.  The three-year partnership will see the two states exchange expert knowledge on a framework for completion of three pivotal projects in Konza Technopolis.

Jerome Ochieng is the Principal Secretary for ICT and Innovation said the government  is keen on forging partnerships that will spur the country’s socio-economic transformation

“Under this EIPP, consultation based on Korea’s ICT infrastructure and urban development experience is expected to significantly contribute to formulating a smart city development strategy,” he said.

The Director, Korean Ministry of Economy & Finance Chong Hwa Lee, said that The Konza Technopolis Development Authority (KoTDA) identified over 10 candidate projects to benefit from EIPP. 

“We jointly reviewed and agreed on three key projects for the 2021/2022 EIPP, and lined-up candidate projects for the 2022/2023 and 2023/2024 programs.” Chong Hwa said.

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