The Korean government in partnership with Kenya launched the third Economic Innovation Partnership Program (EIPP) at Konza Technopolis, signaling robust economic collaboration. This initiative aligns with Kenya’s Vision 2030 goals, focusing on flagship projects like smart farms and renewable energy to drive economic growth.
The EIPP, initiated in March 2022, emphasizes innovation and entrepreneurship to support Kenya's Vision 2030 and contribute to Sustainable Development Goals.
EIPP aims to execute 3 to 5 projects annually over four years, refining legal frameworks and achieving sustainable financing solutions. Notable progress has been made in projects like smart farming and tech incubation centres, with Korean firms actively engaged.
The partnership is expected to facilitate knowledge exchange through seminars and workshops, leading to significant project approvals and shaping Kenya's technological landscape.