Did Ndemo say when the ground breaking will take place?

The last time i checked students taking KCSE had an were examined computer courses. This is a project spanning to the year 2030. More is being done thats why there are calls to revamp the education sector.

Why are you assuming there is no commitment? So far 18 unis want the science edu park. Here is an example of the Korean version http://en.wikipedia.org/...ngbuk_Free_Economic_Zone

@madhaquer..true

Tax payer money at Treasury is wealth generated from production by Kenyans.

Ministry of Info buying land from the same Kenyans using their money =zero sum to the economy.

Ministry of Info can only increase tax payer amount if it sells the land to foreigners=FDI.

By selling to foreigners, this becomes an EPZ model.

Silicon valley developed when citizens created wealth from ICT production.
Konza can only develop when Kenyan citizens create wealth through ICT innovation.

In an EPZ model, Konza will only assist other multinationals in creating their wealth by offering cheap labour,land e.t.c.

Assisting multinationals to create their wealth through efficient productivity results in Kenyan ICT companies facing stiff competition .

Its akin to scoring an own goal.

No country in the world has ever developed by assisting other countries to create wealth.

Countries develop when they create wealth.

Wealth is created when a country ensures factors of production, including land are low to its citizens.


Kenyans employed by Multinationals at Konza will only earn low pea nut wages hence no gain to the economy.

Multinationals will always find a way to repatriate their profits.

Ndemo should come out clear and tell us how the country intends to gain from inviting Multinationals if the model is based on EPZ.

If the Konza model is based on the Silicon Valley model, Ndemo should tell us how production costs will be reduced for kenyan ICT industry for them to be successful.

Also, its not clear on how Ministry of Info will recoup money spent on the project eg buying land, infrastructure costs when Multinationals work within the EPZ model and are leased the land at cost.

As described below by Mason Gaffney,It seems its a global problem whereby Land Economists are not taught how to integrate financial economics and vice versa.

In Konza city, Ministry of Info is therefore left without proper advisory apart from Worldbank/IFC economists hence tax payer loss.


Mason Gaffney below describes it as some kind of conspiracy.

I describe it as an opportunity for a new subject/profession which can develop into a major career to be taught in universities,similar to land economics.

http://www.wealthandwant...cs/Gaffney_LaaDFoP.html

here is a subdiscipline called "Land Economics," and a journal of that name. There are journals of Agricultural Economics, Urban Economics, Regional Science, Environmental Economics, Natural Resources, and more.
The subdisciplines are kept away from the "core" and "mainstream" of economic thinking by compartmentalization and colonialization.

Patronizing "land economics" as a colonial discipline keeps potentially contagious movements within the empire, where they can absorb critical tendencies under watchful control, while yet remaining safely remote, in the outskirts of the system. Orthodoxy flows out from the core, communicated via mandatory "core courses." Land economics is banished from the "commanding heights" of money and banking, macropolicy, and required "basic" courses in methodology and micro theory.

@jamplu..true.
Lets use the situation to brainstorm and hope that the knowledge can be utilized in other sectors of the economy.

Its now clear that there is no clear branch of knowledge/education that brings land economics together with Financial economics. Most of the knowledge will have to be self-generated.

We can therefore not blame Ministry of Info for such complex land investments vis a vis the economy.

In the concept of Govt buying land from its citizens then selling it back, hypothetically speaking, what would prevent the Govt from agreeing on the sale price, signing the sale contract then printing kes 1 b at central bank/de la rue ?

This will cause inflation of the same ammount hence sellers will hold kes 1 b without as much value as in the case when they sell to a private entity who has no access to the central bank.

These could be the reasons that in capitalist economies, Govt is not supposed to compete with citizens in biz coz it has an upper hand.