South Korea grants Kenya $6 million for Konza tech city

South Korea grants Kenya $6 million for Konza tech city

South Korea grants Kenya $6 million for Konza tech city

The South Korea government has given Kenya a grant of $6 million (Sh685.86 million) for the construction of transport infrastructure, planning and security installations at the Konza City project.

The funds will be disbursed in three equal annual instalments of $2 million (Sh228.62 million), starting in the current fiscal year, and will among other things be used for construction of smart parking facilities, digital signage and electric vehicle infrastructure at the Technopolis.

For more information, please see https://www.businessdailyafrica.com/bd/economy/south-korea-grants-kenya-sh685m-for-konza-tech-city-3751880

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