The Kenya Association of Manufacturers has explored the Konza Technopolis to evaluate the potential investment opportunities available in the Silicon Savannah.
KAM CEO Anthony Mwangi, said the visit to the Technopolis was meant to evaluate the progress of the infrastructure development and assess emerging opportunities for the industrialists.
“Today, our delegation stands at the intersection of possibility. We seek to forge partnerships with Konza Technopolis, partnerships that transcend boundaries and propel us toward shared goals. Collaboration is not merely a buzzword; it is the heartbeat of progress. Together, we can unlock innovation, address challenges, and build a resilient ecosystem,” Mr. Mwangi said.
On its part, the Konza CEO John Paul Okwiri said the visit is timely at a time Manufacturing is expected to contribute up to 20 percent of the country Gross Domestic Product (GDP) by the year 2030, while Konza is expected to play a crucial role in attainment of that target.
“Manufacturing is expected to contribute up to 20 percent of the country Gross Domestic Product (GDP) by the year 2030, and Konza being one of the Vision 2030 project, is expected to play a crucial role in attainment of that target”, John Paul Okwiri, Konza CEO said.
He added that Konza which is in the first Phase of setting up of the horizontal physical infrastructure which at 97 percent completion level has a number of incentives such as lower corporate tax, preferential withholding tax, exemptions from import duties, export levy to enable preferential business investment opportunity
The industrialists were from cable manufacturing, household goods manufacturers, warehousing and logistics operators, electronic assembling and suppliers of construction materials.