NAIROBI, Kenya, March 14 – The government of Kenya and the Republic of Korea are set to develop a smart logistics system and support the establishment of a start-up ecosystem within the Konza Technopolis to fast-track the development of the smart city.
The two countries will also work together to develop an Intelligent Transport System (ITS) and the Konza-Nairobi Corridor Transport Network.
The four new projects are expected to support the companies set up at the Konza Technopolis to have their facilities and software programs embedded in the city.
The year two Economic Innovation Partnership Program(EIPP) project launch follows the successful implementation of the first EIPP projects in March 2022.
These included the development of the smart city master plan, the integrated control centre, and the establishment of a transportation network and smart mobility plans that meet the urban functions of the city.
Speaking during the launch ceremony in Nairobi, the Cabinet Secretary for Information, Communication, and the Digital Economy in Kenya, Eliud Owalo lauded the partnership progress between the two countries and noted that the EIPP projects will further boost the government’s agenda on the digital economy.
“The initiative marks yet another great milestone in the development of Konza Technopolis and for the transformation of Kenya through technology and innovation,” he said.
EIPP is an extended cooperation grant model from the Korean government meant to foster mutually beneficial relationships between partner countries and Korea. The grant is in kind.
The program supports two to three projects annually for a maximum of three years, focusing on establishing mid and long-term development strategies, improving laws and systems, planning infrastructure, and financing plans.
The 2022/23 Kenya-Korea EIPP will be implemented by the Korea Trade-Investment & Promotion Agency (KOTRA) and the Konza Technopolis Development Authority (KoTDA) on behalf of the Governments of Korea and Kenya respectively.
