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Kenya invests 1 TRILLION shillings into ICT park

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Eddy		#11 Posted : Thursday, February 24, 2011 4:09:40 PM
Rank: Member Joined: 7/20/2006 Posts: 277		Ceinz wrote: Where the hell is Konza, who does the project seek to serve there? Mind u ever the locals had reservations on the project. Why i'm i tempted to believe you Gekko, that this is a 2012 campaign funding plot. Konza is in Kenya and the project will serve all Kenyans and all areas within the Kenyan borders deserve to be considered. The mind set you have is sickening, this project has been in the pipeline for a very long time and has been discussed here.
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KenyanLyrics		#12 Posted : Thursday, February 24, 2011 4:27:50 PM
Rank: Veteran Joined: 4/16/2010 Posts: 906 Location: Nairobi		@Eddy, leave the wet blankets alone. Even when you talk of trillion shilling investments they will still be there. The future is extremely bright for ICT and that's all there is to this story really. Even if 99.9% of the money is eaten, there will still be 10billion left to build world class ICT infrastructure
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Njung'e		#13 Posted : Thursday, February 24, 2011 10:14:55 PM
Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi		@Kenyanlyrics, There was (Is there?) Malili technopolis......Thika blah!! all at penny cost compared to this Konza dream.Show me a shack in Malili and i will tell you who the owner is.....Bollocks!! Nothing great was ever achieved without enthusiasm.
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VituVingiSana		#14 Posted : Friday, February 25, 2011 12:05:56 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,378 Location: Nairobi		KenyanLyrics wrote: Even if 99.9% of the money is eaten, there will still be 10billion left to build world class ICT infrastructure Total nonsense... KES 10bn does not buy you world-class ICT infrastructure to compete with India or Phillipines! 100% - 99.9% = 0.1% x 1 [USA] trillion = KES 1bn If GoK borrows 1 trillion at 10% = 100bn in interest. How will investing 10bn yield 100bn in perpetuity? Seems KenyanLyrics works for GoK where math is an esoteric subject... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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passiveinvestor		#15 Posted : Friday, February 25, 2011 1:00:11 AM
Rank: Member Joined: 12/8/2006 Posts: 104		fantony wrote: i heard first of the superhighway in 2006.. i heard about the Lamu port even earlier.. to plan a multi unit housing project proper takes a good portion of a year.. the information i have indicates that the survey for the rail to sudan is been done now.. these are capitally intensive projects that are expensive and take long to prepare else you will be left with a set of stuck up results such as what happened when njeru githae started arguing with the city council over who provides street lighting.. the metropolitan dream.. the ICT park will be enjoyed by your children.. @Fantony....agree with you. Only giraffes can see far! And only they can see the fruition of what appear to be very mundane visions. Just like roads...no-one could envision the positive impact of dual carriageways and by-passes until they saw the bricks, mortar, concrete, and tarmac put in place. Now they are all clambering for the road plans to understand where they should build their homes, businesses, etc!
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Muthawamunene		#16 Posted : Friday, February 25, 2011 6:10:59 AM
Rank: Member Joined: 1/3/2011 Posts: 264 Location: Nairobi		@lyrics- its either your relative is an mp or your really have faith on people that almost bled the country dry in two decades. They want to leave with a final bang so they give us konza, jus like they gave us kazi kwa vijana, triton,..... Do you have a clue how much GK owes kenyans alone? and they'r still borrowing to fatten their wallets. this ict park would have built itself privately and GK involvement wouldve been only regulation.
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Cardinal		#17 Posted : Friday, February 25, 2011 8:34:48 AM
Rank: Member Joined: 5/12/2009 Posts: 266		well, dont believe this garbage talk/news.Expect a scandal therein between. It will not happen , never happened and will never happen
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Ceinz		#18 Posted : Friday, February 25, 2011 9:10:42 AM
Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility		Eddy wrote: Ceinz wrote: Where the hell is Konza, who does the project seek to serve there? Mind u ever the locals had reservations on the project. Why i'm i tempted to believe you Gekko, that this is a 2012 campaign funding plot. Konza is in Kenya and the project will serve all Kenyans and all areas within the Kenyan borders deserve to be considered. The mind set you have is sickening, this project has been in the pipeline for a very long time and has been discussed here. Seems lyk u misunderstood me, my intention was to show you how overexaggerrated the project is compared to the problem being adressed. Take note of what I pointed out; that the locals had issues with the project being put up there in the first place. If the locals dont need it there then WTH tell u that the 'other kenyans' will? The question we should be asking ourselves is how many of those ICT parks can be put up in different areas of the counry with the same budget? “small step for man”
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dave.kim		#19 Posted : Friday, February 25, 2011 9:19:26 AM
Rank: Member Joined: 6/25/2010 Posts: 176		Borsenmakler wrote: A very good idea but the question is WHEN!!! I remember reading about this project in early 2006, five years later nothing. Now suddenly on the eve of 2012, they are talking bout it. They say they have allocated 1 billion, what is 1 billion to the eye of a 1 trillion shilling project? Peanuts i say. This is all talk. I'll believe it when i see the contractor on site. the 1b was used to purchase the land: 5000acres@Kshs200,000. Considering this is Kenya there is ALOT of doubt because of the money involved. I believe the next regime and how watchful KACC will be will determine how far this project goes. Rule No.1 is never lose money. Rule No.2 is never forget rule number one
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Wendz		#20 Posted : Tuesday, March 08, 2011 1:42:02 PM
Rank: Elder Joined: 6/19/2008 Posts: 4,268		Cardinal wrote: well, dont believe this garbage talk/news.Expect a scandal therein between. It will not happen , never happened and will never happen Even PLO said there is one big storm of a scandal brewing...... I hope it is not on this project! Who will ever save this country from greed?
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