Agency sets Sh250m minimum capital for Konza city investors
Listers Interesting article in the Business Daily today. IN SUMMARY Investors eyeing space at Konza Techno City will be required to raise between Sh250 million and Sh2.6 billion for various projects earmarked for phase one, a document from Konza Technopolis Development Authority (KoTDA) indicates. Investors are also required to focus on technology, engineering and innovation projects, with the demands meant to lock out land speculators. The expression of interest will close on January 30, 2016 after which evaluation of the bids will be undertaken, setting the stage for investment flows starting next year. This is laudable and commendable. I'm however looking for incentives and push for the local companies & startups who may not have the millions to invest in the real estate but are brimming with ideas and enthusiasm. Ali Hussein Principal Hussein & Associates +254 0713 601113 / 0770906375 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim Blog: www.alyhussein.com "Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi Sent from my iPad
Perhaps they can require those investors to have a local shareholding participate. Not sure how it works though, all I do know you must have local shareholding to invest in UAE without making noise about the true quality of the local shareholder. On Nov 18, 2015 7:06 AM, "Ali Hussein via kictanet" < kictanet@lists.kictanet.or.ke> wrote:
Listers
Interesting article in the Business Daily today.
IN SUMMARY
- Investors eyeing space at Konza Techno City will be required to raise between Sh250 million and Sh2.6 billion for various projects earmarked for phase one, a document from Konza Technopolis Development Authority (KoTDA) indicates. - Investors are also required to focus on technology, engineering and innovation projects, with the demands meant to lock out land speculators. - The expression of interest will close on January 30, 2016 after which evaluation of the bids will be undertaken, setting the stage for investment flows starting next year.
This is laudable and commendable. I'm however looking for incentives and push for the local companies & startups who may not have the millions to invest in the real estate but are brimming with ideas and enthusiasm.
*Ali Hussein* *Principal* *Hussein & Associates* +254 0713 601113 / 0770906375
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: http://ke.linkedin.com/in/alihkassim <http://ke.linkedin.com/in/alihkassim>
Blog: www.alyhussein.com
"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi
Sent from my iPad
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Ethiopian Airlines continue to fly high and set history. According to a flyer they have sent out on 19th November they will have a flight from Addis to Bangkok which will have an all female crew including the pilots. These people are doing Africa proud.
Thats great daktari a while back i think KQ did the same for one of the dreamliners. They have amazing and professional female captains and crew which demonstrates how far we have come as a nation. KQ is great, only problem high fares and the losses which need fixing. Regards On Nov 18, 2015 2:27 PM, "waudo siganga via kictanet" < kictanet@lists.kictanet.or.ke> wrote:
Ethiopian Airlines continue to fly high and set history. According to a flyer they have sent out on 19th November they will have a flight from Addis to Bangkok which will have an all female crew including the pilots. These people are doing Africa proud.
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
participants (4)
-
Ali Hussein -
Barrack Otieno -
Dorcas Muthoni -
waudo siganga