Why Konza is The Next Big in Kenya

Konza Technopolis is a key flagship project of Kenya’s Vision 2030 development portfolio.

The project is envisioned to be a world-class city, powered by a thriving ICT sector.

Below are the key developments that have taken place in Konza making the area prime for real estate investments.

 3B infrastructure allocation in the Kenya Budget 2020/21

These funding will take care of buildings, roads, power supplies needed for the operation of Konza city. 

For instance, a research conducted by Urban Land Institute revealed that infrastructure is a top factor that drives real estate development.

Therefore, the 6.3B allocation is good news for investors who are keen on tapping into Konza growth opportunities.

Construction of the National Data Center 

This project is already complete. It was executed as a priority for Phase I of the Technopolis. This will enable the City carry out the core functions of a smart city.

The Data Centre is expected to support immediate government requirements, business enterprises and provide environment for implementing and piloting initial smart city services.

Konza was gazzetted as a Special Economic Zone 

To begin with, once an area is gazetted as a Special Economic Zone it enjoys special tax and infrastructure. This will facilitate wide activities such as storage, export and import.

Additionally, this move will empower local and foreign investors to set up industries to process goods for export.

This will to translate to increased local and foreign investments in the area. Once industries set up they will attract a working population in need of housing and commercial facilities.

This presents an opportunity to invest in rental facilities in the area as a real estate investor.

Completion of Konza administration block 

Secondly, the management of Konza moved their headquarters to Konza city. This has made it easy to oversee the activities ongoing at Konza.

This will continue to open up the area for local and foreign investors.

Standard Gauge Railway

Completion of this project in Konza has further opened the area transport wise. This has made the area prime for real estate investment.

Upcoming greater Southern bypass

Construction of the Mombasa-Nairobi Expressway that will branch off just past Konza has begun.

Therefore, this will decongest the city opening up the area for more investments.

What these means to real estate investors

Lastly, this is an opportunity to invest in affordable plots for sale in Konza. As an investor you will enjoy appreciation of land prices as a result of infrastructural growth.

Konza Technopolis is a key flagship project of Kenya’s Vision 2030 development portfolio.

The project is envisioned to be a world-class city, powered by a thriving ICT sector.

Below are the key developments that have taken place in Konza making the area prime for real estate investments.

 3B infrastructure allocation in the Kenya Budget 2020/21

These funding will take care of buildings, roads, power supplies needed for the operation of Konza city. 

For instance, a research conducted by Urban Land Institute revealed that infrastructure is a top factor that drives real estate development.

Therefore, the 6.3B allocation is good news for investors who are keen on tapping into Konza growth opportunities.

Construction of the National Data Center 

This project is already complete. It was executed as a priority for Phase I of the Technopolis. This will enable the City carry out the core functions of a smart city.

The Data Centre is expected to support immediate government requirements, business enterprises and provide environment for implementing and piloting initial smart city services.

Konza was gazzetted as a Special Economic Zone 

To begin with, once an area is gazetted as a Special Economic Zone it enjoys special tax and infrastructure. This will facilitate wide activities such as storage, export and import.

Additionally, this move will empower local and foreign investors to set up industries to process goods for export.

This will to translate to increased local and foreign investments in the area. Once industries set up they will attract a working population in need of housing and commercial facilities.

This presents an opportunity to invest in rental facilities in the area as a real estate investor.

Completion of Konza administration block 

Secondly, the management of Konza moved their headquarters to Konza city. This has made it easy to oversee the activities ongoing at Konza.

This will continue to open up the area for local and foreign investors.

Standard Gauge Railway

Completion of this project in Konza has further opened the area transport wise. This has made the area prime for real estate investment.

Upcoming greater Southern bypass

Construction of the Mombasa-Nairobi Expressway that will branch off just past Konza has begun.

Therefore, this will decongest the city opening up the area for more investments.

What these means to real estate investors

Lastly, this is an opportunity to invest in affordable plots for sale in Konza. As an investor you will enjoy appreciation of land prices as a result of infrastructural growth.