Kenya on its way to become the Dubai of Africa

A coalition of foreign investors announced plans to build a “international-controlled economic zone” populated by skyscrapers and luxury residences. The new city will be in Kenya, but the goal is to “match the glamour of Dubai”. What would motivate investors to go to the trouble of building a massive new city in a country other than their own? It’s pretty simple, actually.

The new economic zone outside of Nairobi would include “at least 20 skyscrapers” and boast “a shopping destination that stocks global products,” according to Construction Weekly. It seems that, as investors ramp up investment in East Africa, they want to build a self-controlled pseudo-urban enclave from which to do so.

But according to The Daily Nation, there are already two other tabula rasa city development plans slated for the same area: One, Konza Techno City, is a $US 14.5 billion development aimed at becoming the place where “the African silicon savannah begins.” The other, Machakos City, proposes dozens of skyscrapers and acres of suburban homes. All of them are related to Kenya’s Vision 2030 development plan, but it’s not clear whether they’re supposed to co-exist, or whether they’re in competition.

So why the particular interest in Kenya? Well, after decades of speculation, oil was discovered there only two years ago. There are plenty of unanswered questions about the project - including who will design it, and how - and we’ll know more after the delegations visit Kenya next month. But, for now, that’s a pretty solid hint.

Posted on : 30 Nov,-0001

Buildmart is Africa's leading directory and market news website for the building and construction industry | Kenya | Tanzania | Rwanda | Ethiopia

Exhibitions In Africa

Read More