@murchr..true. I hope my arguments can be used to make the world a better place and reduce poverty in developing countries.
In the South Korea park, the 'cities' are several km apart and each is around 200 acres in size[smaller than Kitengela EPZA].
The Kitengela EPZ site has around 500acres vacant. This is not small land. This can be phase 1 and we can have phase 100 or as many phases as sustainable in future[thinking big in a sustainable manner].
By doing so, we will have freed kes 1B tax payer money to be used to lay ICT infrastructure which will result in productivity.
This makes sense to me and its my hope that such an idea can be used by Ministry of Info for the beterment of Kenya as a whole.
On the issue of Govt buying land and reselling to its citizens, my humble opinion is that it could just print the money and cause inflation.
Land owners will not be in a capacity to prevent this. So its not moral for Govt to engage in business since it can potentially be unfair for the citizens.
If govt buys more land, it hampers productivity because land becomes scarce, so its price rises.
When price rises, start-ups will be priced out and will not be able to produce wealth.
Rents will be high hence products will also be expensive . Other countries with cheaper cost of production will thrive at our expense.
This opinion is not cast in stone. If you give a contrary opinion that is convincing, then we will go with your opinion.
As Iron Sharpens Iron, So one Man Sharpens Another.