PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

27728

Primary Business Area

Infrastructure

Disclosure Date

Apr 7, 2010

Country

Kenya

Region

Africa

IFC Approval Date

Jan 20, 2010

Status

Active

Estimated Total Budget

$3,447,194.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Nov 15, 2009

Project Description

The project provides advisory support to the government of Kenya in establishing a multimedia ICT (information and communication technology) park that will be critical to achievement of the country’s Vision 2030 objectives. In addition to its multimedia components, the park will include multi-use facilities such as office blocks, industrial parks, recreational facilities, a golf course, shopping malls, hotels and restaurants, and residential houses, among other facilities and amenities. Project objectives include completion of four major reports by the end of the first year, and one successful bid concluded by two years from implementation start date. Establishment of the multimedia ICT park is expected to trigger the growth of such knowledge-based industries as BPO (business process outsourcing) services, software and hardware development, and the development and packaging of multimedia local content, among others, and to improve the productivity and competitiveness of private sector enterprises in Kenya.