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Kenya invests 1 TRILLION shillings into ICT park
KenyanLyrics
#1 Posted : Thursday, February 24, 2011 11:42:18 AM
Rank: Veteran


Joined: 4/16/2010
Posts: 906
Location: Nairobi
shocking that this news has not made an appearance on Wazua as yet.

Mnaonaje hii: http://www.nation.co.ke/...48/-/kup6fp/-/index.html
Gordon Gekko
#2 Posted : Thursday, February 24, 2011 12:40:06 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
The 2012 elections will be well funded
Ceinz
#3 Posted : Thursday, February 24, 2011 1:00:04 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
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.
“small step for man”
dave.kim
#4 Posted : Thursday, February 24, 2011 1:46:15 PM
Rank: Member


Joined: 6/25/2010
Posts: 176
Gordon Gekko wrote:
The 2012 elections will be well funded

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
fantony
#5 Posted : Thursday, February 24, 2011 2:13:16 PM
Rank: Member


Joined: 11/6/2006
Posts: 276
ICT parks raise GDP, create jobs, reinforce technology transfer, attracts new investments..

case studies Mauritius, Egypt and Dubai..

even young states like Rwanda are doing ICT parks..

you need to present facts to back up your statements.

Bitange Ndemo must be the only government official who works, not good to denigrate his efforts
Borsenmakler
#6 Posted : Thursday, February 24, 2011 2:45:27 PM
Rank: New-farer


Joined: 6/22/2010
Posts: 39
Location: Nairobi
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.
Spread love like violence.
Allias608
#7 Posted : Thursday, February 24, 2011 2:54:08 PM
Rank: New-farer


Joined: 2/16/2011
Posts: 15
Location: Nairobi
Good strategy to raise property prices along Mombasa rd, and yes, they have appreciated quite high............I will be positive when i "hear" there is a contractor on site.
fantony
#8 Posted : Thursday, February 24, 2011 3:11:47 PM
Rank: Member


Joined: 11/6/2006
Posts: 276
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..
manuPK
#9 Posted : Thursday, February 24, 2011 3:18:10 PM
Rank: New-farer


Joined: 2/16/2010
Posts: 92
Location: Nairobi
fantony wrote:
ICT parks raise GDP, create jobs, reinforce technology transfer, attracts new investments..

case studies Mauritius, Egypt and Dubai..

even young states like Rwanda are doing ICT parks..

you need to present facts to back up your statements.

Bitange Ndemo must be the only government official who works, not good to denigrate his efforts


POINT ON....ICT is the brighter future (even if it's for our kids).
Entrepreneurship is a cognitive bias. They can’t teach it to you.
Muthawamunene
#10 Posted : Thursday, February 24, 2011 3:34:20 PM
Rank: Member


Joined: 1/3/2011
Posts: 264
Location: Nairobi
my question is who is goin to use this infrastructure. forgive my naivity but are there any serious investors who have pledged to set up shop at konza? and why do is smell the fattening of pockets? in my view, G.K should have offered an incentive for private business to do business ata kama its a refund on infrastructure spending that way the 1tril wount go through 10 MP's and 20 contractors and only 100 mill by the time it fikaz konza.
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.
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
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.
VituVingiSana
#14 Posted : Friday, February 25, 2011 12:05:56 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,098
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
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!
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.
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
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”
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
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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