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    Report: High Demand for Luxury Houses in Nairobi Fueling Increase in Prices

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Kenyan Business Feed
  • Home
  • News
    Government Finally Removes Matatu’s from Railways Bus Station

    Government Finally Removes Matatu’s from Railways Bus Station

    Sportpesa in Fresh Legal Tussle Over The Brand

    Sportpesa in Fresh Legal Tussle Over The Brand

    The 9th Africities summit Begins in Kisumu

    The 9th Africities summit Begins in Kisumu

    Deputy President Martha Karua

    Deputy President Martha Karua

    UAE President Sheikh Khalifa Bin Zayed Dies at 73

    UAE President Sheikh Khalifa Bin Zayed Dies at 73

    11,OOO Vehicles Already Registered to Use Express Way

    11,OOO Vehicles Already Registered to Use Express Way

    New business model program to firm up corporate-startup ties launched

    New business model program to firm up corporate-startup ties launched

    Crypto firms approach KenGen seeking mining access

    Crypto firms approach KenGen seeking mining access

    Children Without IDs to Be Registered for M-Pesa

    Children Without IDs to Be Registered for M-Pesa

  • Markets
    South Africa’s wine Industry where Challenges are Solved with Technology

    South Africa’s wine Industry where Challenges are Solved with Technology

    Kenya to import maize from outside EAC to mitigate shortage

    Kenya to import maize from outside EAC to mitigate shortage

    Twiga Invests Ksh 1 billion To Scale Access To Affordable, High Quality Produce In Kenya

    Twiga Invests Ksh 1 billion To Scale Access To Affordable, High Quality Produce In Kenya

    CMA Issues Licenses Three Fund Managers

    CMA Issues Licenses Three Fund Managers

    CCI Global to occupy largest contact centre in Kenya at Tatu City

    CCI Global to occupy largest contact centre in Kenya at Tatu City

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    CMA licenses two Online Forex Trading Intermediaries

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    CMA licenses Embu Coffee Farmers Marketing Agency

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    BluePeak announces Ksh1.5 B Investment in Africure

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    Falling share prices raise banks dividend returns

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    Superior Homes Launches Reward Program for Investors

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    Report: High Demand for Luxury Houses in Nairobi Fueling Increase in Prices

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    Regional property summit kicks off in Nairobi

    Five Reasons Why Real Estate Increases in Value

    Five Reasons Why Real Estate Increases in Value

    Optiven Foundation Launches TVET Sponsorship Program

    Optiven Foundation Launches TVET Sponsorship Program

    How Optiven is making it Easy for Kenyans to Own Transformed Land for their Dream Homes

    How Optiven is making it Easy for Kenyans to Own Transformed Land for their Dream Homes

    International Firm to help Kenyans Buy Property in The UK

    International Firm to help Kenyans Buy Property in The UK

    Centum’s Tribus To Invest Sh137 Million On 10 Youth Employment Centres

    We’re sorry: Weekly Citizen humbles before Centum CEO

    How to Build a 3 Bedroom House With Less Than Ksh1 Million

    How to Build a 3 Bedroom House With Less Than Ksh1 Million

  • Tech
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    How to Secretly Leave a Whatsapp Group without Notification

    Tala Names Munyi Nthigah The New General Manager For Kenya

    Tala Names Munyi Nthigah The New General Manager For Kenya

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    Children Will Not Access Fuliza, M-Shwari In M-PESA Junior Accounts

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    Safaricom Partners with vivo Smartphone to List New 4G Enabled Devices in the Kenyan Market 

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    President Uhuru Urges International Community to Lift Sanctions on Zimbabwe

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  • KBF
    • All
    • Agribusiness
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    • Insurance
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    Balala Ministry to build toilets at the peak of Mt. Kenya

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Tatu City Partners with Konza to Attract Investors to Kenya

by Neymar
January 18, 2021
in KBF, Markets, News, Real Estate
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Tatu City’s owner and developer, Rendeavour, will collaborate with Konza Technopolis to attract investors to Kenya, Rendeavour’s Executive Vice President Preston Mendenhall and KoTDA’s CEO Eng John Tanui have jointly announced.

This comes at a time when the country is seeking to bounce back from the impact of the COVID-19 pandemic that has increased uncertainty around investment opportunities.

The collaboration will focus on building both mega-projects’ investment policies and positioning the two cities at vantage positions for both local and international investors.

“We are excited as Tatu City to be visiting Konza today. As sister cities with a common goal of easing the burden of urbanisation in Kenya and also promoting investment in Kenya, we shall be working together in creating these opportunities.”

Speaking during a courtesy call to Konza Technopolis, Mr Mendenhall.

Speaking to the specific areas of partnership, Mr Mendenhall said that Tatu City and Konza, as Special Economic Zones (SEZ), had identified a number of common interests to attract investment in Kenya.

Konza Technopolis Development Authority (KoTDA) Director Eng. Kaburu Mwirichia (left), KoTDA CEO Eng. John Tanui (centre) and  Rendeavour Executive Vice President Preston Mendenhall (right) at Konza Technopolis. Tatu City and Konza Technopolis agreed to collaborate in order to attract investors to the smart city arena in Kenya. 

“We have agreed to increase the frequency of our meetings. We have appointed teams to particularly look into the operationalisation of the Special Economic Zones to attract local and foreign direct investments by creating a favourable economic environment,” Mendenhall said.

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KoTDA’s CEO Eng John Tanui said that they were glad to continue with the collaboration following an initial engagement with Tatu City in 2017. He said that the collaboration will address mutual smart cities issues on continuing to improve the ease of doing business in Kenya.

“By Konza being a Special Economic Zone as Tatu is, we are both very keen to attract investment in Kenya. Tatu City and ourselves are very ready to collaborate with other government and private agencies to attract more investment in our country,” said Eng Tanui.

He said the two entities will share experience and insights and help each other in providing solutions towards building stronger strategies to attract investment in the country.

Eng Tanui added that with the mega infrastructure such as the  Konza National Data Centre being operational at Konza, they will explore how both entities can benefit from the resources as they look forward to more collaborations with other partners and agencies outside Kenya.

He noted that with both cities having entities such as SEZ and Special Planning Areas, they have common areas through which they can engage, solve challenges and build experiences.

He indicated that a team comprising representatives from Konza and Tatu City will spearhead the implementation of the partnership.

KoTDA Directors Mr Ken Waibochi, Eng Kaburu Mwirichia and Rendeavour’s Deputy Country Head, Mr Evans Dimba, were also present during the visit.

Both Tatu City and Konza City are building on 5,000 acres, each with mixed-use developments, including homes, schools, offices, medical centres, nature parks, sport & entertainment complex and manufacturing for more than 250,000 residents and 30,000 day visitors each.

So far, KoTDA’s National Data Centre and Konza Complex are complete while horizontal infrastructure on Phase One is ongoing. In Tatu city, two schools educating 3,000 students daily, 60 businesses and 3,000 homes are completed or under development.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]

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