The Computer Society of Kenya

Since 1986


Tuesday July 05, 2016

A Kenyan club of private businesses have penned a deal with Konza Technopolis Development Authority (KoTDA) hoping to tap into openings that the proposed project can provide, ahead of the launch of the techno city.

The Kenya Private Sector Alliance (Kepsa) says the agreement will open up opportunities for its members to plug into the country’s growing economy.

The two will set up a team that will hold quarterly meetings to discuss chances available for Kepsa members at the tech hub.

According to the agreement signed on Monday, the pair will jointly put in place a framework that will ensure adherence to safety, health and commercially sound construction standards at the Konza Techno City.

Kepsa Chief Executive Carole Kariuki said the lobby group, with over 100,000 direct and indirect members organised through business membership organisations and corporate members, will also sponsor ICT and entrepreneurship programmes for youth.

“Besides opening up the investment platforms, Kepsa will also establish a youth sponsorship programme for purposes of promoting skills in ICT innovation and entrepreneurship,” said Ms Kariuki.

KoTDA Chief Executive John Tanui said Kepsa would support and connect businesses interested in pursuing available opportunities.

“We have a shared goal that is geared towards economic growth and today’s agreement will help remove impediments to private sector investment by supporting project design, conducting quality due diligence, and assisting with preparing, structuring and placing of projects with private investors,” Mr Tanui said.

The technopolis authority recently announced that electricity has been connected to the city, paving the way for businesses to gain confidence about investing in the mega project.

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