Kenya and South Korea have signed an agreement for establishment of an Incubation Complex and Renewable Energy Strategy for Konza Technopolis. The deal is part of the Economic Innovation Partnership Program (EIPP) between Kenya and South Korea.
“I wish to laud the partnership progress between our two countries that predates independence time and built over the years. We are proud to note the support received from Korea in ICT to Industrial Technology, road infrastructure to Health and water projects to education,” said ICT and the Digital Economy, Principal Secretary, Eng. John Tanui.
The new program is the third after those implemented in 2021/2022 and 2022/2023. The projects were derived from submission of Project Proposal to the Korea’s Ministry of Economy and Finance in 2021 for a grant support towards policy recommendations for the development of smart city infrastructure at Konza Technopolis under the EIPP.
“Today, I am thrilled to announce that we have completed the implementation of these projects. Through the EIPP, we have witnessed the dynamic exchange of knowledge, innovative ideas and valuable resources between KoTDA and KOTRA. Our collaborative efforts have yielded tangible and transformative outcomes. As we look ahead, our journey continues with unwavering commitment and enthusiasm,” said Konza Technopolis, Chairman, Raphael Munavu.
EIPP is a new and extended cooperation model of the KSP (Knowledge Sharing Program) of Korea to foster mutually beneficial relationships between South Korea and partner countries. The program provides a comprehensive development consultation including pre-feasibility and full feasibility studies mainly for infrastructure and urban development related projects to support the partner countries’ economic development.
“The successful implementation of the first and second program projects has given us the impetus to undertake this third phase to ensure we conclusively deliver on our commitment,” Park Chul Ho, the Director General of the Development Cooperation Office (KOTRA) said.
The projects implemented in the 2021/2022 financial year comprised establishment of Konza Technopolis Smart City Masterplan, establishment of an Integrated Control Center and establishment of Transportation Network & Smart Mobility Basic Plan.
Four additional projects were implemented under year 2 of the EIPP project. The projects were; Preliminary Feasibility Study for an Intelligent Transport System (ITS) and Integrated Control Centre, Consultation for Establishment of a Startup Ecosystem at Konza Technopolis, Consultation for the Establishment of Smart Logistics in Konza Technopolis and Consultation of Masterplan for transport network development on the Konza-Nairobi Corridor Transport Network.
“These projects we are supporting are meant to support Kenya leap forward in terms of smart technology by having a smart city, Konza Technopolis adopt smart and modern technology,” Nam Sang Kyoo, Korea Ambassador to Kenya said.
