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Konza city Reality.
Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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I have seen alot of adverts on this project and I keep on wondering is the govt putting the cart before a horse. I read about the silicon valley and the reason the city grew to be a technology city,Stanford university that was based there was the contributing factor,human capital was readily available which attracted venture capitalist. With konza the govt is attracting investors first before attracting the human capital how will that plan work given that TZ,Ethiopia and Rwanda have the same plan. My take, JKUAT,UoN & KU shld be encouraged to have 'towns'/ campus dedicated to IT just like Ihub, as we grow KONZA city will ultimately mushroom from one of those 'towns'. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Rank: New-farer Joined: 1/5/2011 Posts: 93
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i think in kenya the human capital is readily there...about the quality and content of knowledge and skills in regard to technology is another issue all together..... there are so many IT specialists in Kenya who are tarmacking at the moment.... If you dont want to use plan B, have a good plan A.
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Rank: User Joined: 11/10/2010 Posts: 550 Location: Junction
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selah wrote:I have seen alot of adverts on this project and I keep on wondering is the govt putting the cart before a horse.
I read about the silicon valley and the reason the city grew to be a technology city,Stanford university that was based there was the contributing factor,human capital was readily available which attracted venture capitalist.
With konza the govt is attracting investors first before attracting the human capital how will that plan work given that TZ,Ethiopia and Rwanda have the same plan.
My take, JKUAT,UoN & KU shld be encouraged to have 'towns'/ campus dedicated to IT just like Ihub, as we grow KONZA city will ultimately mushroom from one of those 'towns'. All if not most Universities have large prairies around Kitengela and before Isinya for expansion. To be chartered, you must have a hundred acres or more.for expansion and this area is proving to be more convenient. Ope you get the gist. By inference, the man is all that Mr Phantom is not: an untrustworthy radical, divisive, too many enemies, a dictator, and a persistent liar...Gaitho dialogues.
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Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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When you look at the silicon valley you will realize that the firms that were hatched there utilised cheap labour i.e interns from the university. How will Konza attract this cheap labour for start ups..the design alone looks very expensive and the city itself is very far from any university..unless we assume campuses will be constructed. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Look at the dubai case, developed without human capital, they had the dream and people followed their dream
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Rank: Member Joined: 3/24/2010 Posts: 677 Location: Nairobi
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selah wrote:When you look at the silicon valley you will realize that the firms that were hatched there utilised cheap labour i.e interns from the university.
How will Konza attract this cheap labour for start ups..the design alone looks very expensive and the city itself is very far from any university..unless we assume campuses will be constructed.
Alot of land being bought in Kitengela/ Konza area by universities. Including established ones such as UON. Am assuming the area will also be an education hub
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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Jamani wrote:Look at the dubai case, developed without human capital, they had the dream and people followed their dream The concept works. It has worked elsewhere before.
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Rank: Elder Joined: 11/13/2008 Posts: 1,565
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selah wrote:When you look at the silicon valley you will realize that the firms that were hatched there utilised cheap labour i.e interns from the university.
How will Konza attract this cheap labour for start ups..the design alone looks very expensive and the city itself is very far from any university..unless we assume campuses will be constructed.
@selah - if I may attempt to shed light: 1 - Konza is really a "real estate" opportunity - the govt will provide land FOC, a developer will come and build the facility and a few years later, they will recoup their money as landlords to big ICT firms who elect to set up base at Konza (to support their products, manufacture, etc etc). Konza will be cheaper for such vendors than a similar facility in Dubai, Cairo, Joburg) 2 - Such a facility will enable greater technology transfer 3 - Employment 4 - A knock on effect for infrastructure 5 - Kenya will become as much an an ICT hub for Eastern Africa as Joburg/Dubai has been for Africa. Lets not shoot this down. if someone told you six years ago we'd have a maze of multi lane highways - that Globe Roundabout would be no more - that museaum roundabout would be no more - would you have believed it? Believe this. And presently we have the right people at the ministry who can help drive this into reality... they landed the first submarine cable to East Africa - why not Konza?
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Djinn wrote:[quote=selah]Lets not shoot this down. if someone told you six years ago we'd have a maze of multi lane highways - that Globe Roundabout would be no more - that museaum roundabout would be no more - would you have believed it? Well put. Reminds me I used the Pangani underpass - connecting to Forest road - today and I was thoroughly impressed!!! I couldn't believe I was in Kenya! It was one proud moment as a Kenyan and although I was alone in the car, I couldn't help but smile. I imagined all the other possibilities we have as Kenyans. I told myself, if we can pull this off, what more can we do in the next 10 - 20 years? I remember clearly the first time Michuki talked about converting Thika road to a 10 lane super highway. I didn't believe him one bit. I remember telling someone, they might redo the road but certainly not 10 lanes! I should have believed him! A piece of land that was going for 200,000/= in Ruiru then now goes for 1.8m! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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[quote=Djinn]
@selah - if I may attempt to shed light:
1 - Konza is really a "real estate" opportunity - the govt will provide land FOC, a developer will come and build the facility and a few years later, they will recoup their money as landlords to big ICT firms who elect to set up base at Konza (to support their products, manufacture, etc etc). Konza will be cheaper for such vendors than a similar facility in Dubai, Cairo, Joburg)
This also my understanding.What I fail to get is why this project is being given a lot of publicity in Kenya.I would have expected this publicity to be made elsewhere like CNN,ALjazzira etc so as get the attention of serious potential investors
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@chaka - am surprised that you state this project is not being publicized outside KE. Institutional investors are not found on CNN, CNBC etc. You find them in closed door meetings in board rooms or exclusive meetings at de la creme places... Once you rope them in then you go to the public media. Institutional investors or wealthy investors don't like crowded investments. They like to be the first to take the cream, then the rest can have what remains... This presentation was presented to institutional investors in New york last year in April 2011... http://www.scribd.com/Ta...e-held-in-New-York-2011
Other details can also be found at http://www.konzacity.co.ke/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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mkeiy wrote:Jamani wrote:Look at the dubai case, developed without human capital, they had the dream and people followed their dream The concept works. It has worked elsewhere before. @Mkeiy tell it to Saleh he seems to have his doubts as per his #1 post
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Rank: Elder Joined: 10/13/2009 Posts: 1,950 Location: in kenya
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My misgiving is not on the real estate potential the area is prime ..given its location ...The issue is transforming that area into silicon valley...a hub for startups..I think what is being envisaged is a hub for already developed companies. When you look at the super highway the reason why it was developed is because of the need that was already there....Thika road was a mess and drastic measures were needed. When we look at kenyan technology development eg Mpesa was developed in JKUAT ..UShahidi was developed in IHUB what this shows is that for technology to grow we need a community i.e a place where problems need to be solved not a place where everything is provided for and you need to look for problems to solve. Silicon valley came into being after most of the student had launched successful businesses from the dormitories and garage. We have creative pple in the Juacali sector why doesnt the govt make a city for this readily available skills why build a city for a skill that has not yet developed fully...or in its infancy stage. Konza city is a speculators haven because I dont believe a company will go all the way to Emali to set up shop when Nairobi is just as good. '......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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Rank: Veteran Joined: 1/4/2010 Posts: 1,668 Location: nairobi
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The location is perfect for a new city-close to Nairobi and along Mombasa highway. The adverts imply skyscraper kind of constructions that can push potential investors away due to the high cost-the ads can display vacant lan and simple low-rise structures with more emphasis on the low-priced land . This will attract investors to lease the land then rent out to ICT companies. As Iron Sharpens Iron, So one Man Sharpens Another.
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Rank: Member Joined: 3/24/2010 Posts: 677 Location: Nairobi
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selah wrote:My misgiving is not on the real estate potential the area is prime ..given its location ...The issue is transforming that area into silicon valley...a hub for startups..I think what is being envisaged is a hub for already developed companies.
When you look at the super highway the reason why it was developed is because of the need that was already there....Thika road was a mess and drastic measures were needed.
When we look at kenyan technology development eg Mpesa was developed in JKUAT ..UShahidi was developed in IHUB what this shows is that for technology to grow we need a community i.e a place where problems need to be solved not a place where everything is provided for and you need to look for problems to solve.
Silicon valley came into being after most of the student had launched successful businesses from the dormitories and garage.
We have creative pple in the Juacali sector why doesnt the govt make a city for this readily available skills why build a city for a skill that has not yet developed fully...or in its infancy stage.
Konza city is a speculators haven because I dont believe a company will go all the way to Emali to set up shop when Nairobi is just as good.
Think big and grow rich :)...Nice book.
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Rank: Elder Joined: 12/2/2009 Posts: 2,458 Location: Nairobi
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Ati MPesa was developed at Jkuat and Ushahidi at the Ihub...
talk of talking from a point of ignorance...lol
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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selah wrote:My misgiving is not on the real estate potential the area is prime ..given its location ...The issue is transforming that area into silicon valley...a hub for startups..I think what is being envisaged is a hub for already developed companies.
When you look at the super highway the reason why it was developed is because of the need that was already there....Thika road was a mess and drastic measures were needed.
When we look at kenyan technology development eg Mpesa was developed in JKUAT ..UShahidi was developed in IHUB what this shows is that for technology to grow we need a community i.e a place where problems need to be solved not a place where everything is provided for and you need to look for problems to solve.
Silicon valley came into being after most of the student had launched successful businesses from the dormitories and garage.
We have creative pple in the Juacali sector why doesnt the govt make a city for this readily available skills why build a city for a skill that has not yet developed fully...or in its infancy stage.
Konza city is a speculators haven because I dont believe a company will go all the way to Emali to set up shop when Nairobi is just as good.
Silicon valley is not all about start-ups by college drop outs. It just have all the ingredients for ICT. ICT cannot be developed on human capital only, you need the infrastructure,the capital, the incentives. Think of Detroit and the auto industry. Suwon and electronics. Its convergence. Konza will bring to Kenya, ICT convergence. Nairobi lacks that. Read about Qatar Foundation n what they are achieving n while at it,cut on the pessimism. A Konza city for JUA KALI you said? Get serious,what's the combined output value for such?
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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selah wrote:Konza city is a speculators haven because I dont believe a company will go all the way to Emali to set up shop when Nairobi is just as good. Who ever thought people/companies would go to Dubai? Who ever thought companies - including "proudly" American companies - would export jobs to China? who thought India - a country where speaking clear and fluent English is a problem - would be a leader in BPO? Who thought desert countries like Egypt and Israel would be food sufficient? @Selah - You have to dare dreaming! Then do something about the dream! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 3/31/2008 Posts: 7,081 Location: Kenya
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Investors who had hoped to cash in on the proximity to Kenya’s first ICT Park in Konza to make capital gains will be disappointed as the government moved to bar human settlement within two kilometres of the park.http://www.businessdailyafrica.com/Corporate+News/Fresh+zoning+at+Konza+park+dims+land+deals+/-/539550/1330944/-/42shog/-/index.html
...What will happen to those who had already acquired land with the 10km rad
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Rank: Elder Joined: 3/31/2008 Posts: 7,081 Location: Kenya
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http://www.businessdaily...4/-/42shog/-/index.html
Investors who had hoped to cash in on the proximity to Kenya’s first ICT Park in Konza to make capital gains will be disappointed as the government moved to bar human settlement within two kilometres of the park. What will happen to those who had already acquired land within the 10km radius?
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