CS Mucheru appoints new KoTDA Board - Capital Business
Connect with us

Hi, what are you looking for?

The five new board members Heron Gekonge Nyakundi (building economist), Victoria Jepkemoi Chepseba (lawyer), Eng. Kaburu Mwirichia (Management and Energy Systems) Mbithe Muema (Investment banker) and Caroline Wangui Kariuki/FILE

Kenya

CS Mucheru appoints new KoTDA Board

The five new board members Heron Gekonge Nyakundi (building economist), Victoria Jepkemoi Chepseba (lawyer), Eng. Kaburu Mwirichia (Management and Energy Systems) Mbithe Muema (Investment banker) and Caroline Wangui Kariuki/FILE

The five new board members Heron Gekonge Nyakundi (building economist), Victoria Jepkemoi Chepseba (lawyer), Eng. Kaburu Mwirichia (Management and Energy Systems) Mbithe Muema (Investment banker) and Caroline Wangui Kariuki/FILE

NAIROBI, Kenya, May 23- Information Communication and Technology Cabinet Secretary Joe Mucheru has appointed board members to the Konza Technopolis Development Authority (KoTDA).

The five new board members Heron Gekonge Nyakundi (building economist), Victoria Jepkemoi Chepseba (lawyer), Eng. Kaburu Mwirichia (Management and Energy Systems) Mbithe Muema (Investment banker) and Caroline Wangui Kariuki.

The new KoTDA Board will be chaired by Architect Ruben Mutiso who was reappointed earlier in the year by President Uhuru Kenyatta.

“We have taken time to ensure that KoTDA gets a well constituted board with regards to expertise. I am confident that the new team will steer the authority in the path of success and the project will soon fully take off,” CS Mucheru said.

The appointment comes at a time when the techno city is ready for takeoff following progress on the horizontal infrastructure development and huge investor interest from the expression of interest advertised earlier in the year.

“With the adoption of the Engineering, Procurement, Construction and Finance model (EPCF) which is on course for the development of the horizontal infrastructure, the new board and management will now focus on bringing investors on board,” he added.

The techno city, located to the east of Nairobi and designed to be Africa’s Silicon Savannah, targets to contribute approximately two percent to the Kenya’s Gross Domestic Product (GDP), once phase one is operational.

The land will be leased out to investors for the development of low and higher density buildings to accommodate schools as well as commercial and residential premises.

Konza Techno City is a national flagship project under Vision 2030, Kenya’s economic development blueprint that seeks to catapult the country to middle income status by the year 2030.

The government seeks to make it a magnet for investors, while hosting more than 230,000 residents and workers.

Advertisement. Scroll to continue reading.
Advertisement

More on Capital Business