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Kenyan Goverment lifts buffer zone ban on Konza tech city development

Thursday, March 6, 2014

The city vision is planned to be achieved through a public-private partnership, where government takes the role of constructing the basic infrastructure, setting up regulatory guidelines and also attracting large scale investors. Munene suggested that the government is already starting to play its part, and the rest of the project’s responsibilities rests with private developers and multinationals.

As he pointed out, “I must however say, lifting the ban does not automatically mean structures will start coming up; investors are interested in monitoring the government’s moves to determine whether the development risk is worth taking.”

Source: ITWeb Africa

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