The government has allocated Sh5.74 billion for the construction of the Kenya Advanced Institute of Science and Technology (KAIST), which is a smart university domiciled within the Konza Technopolis and poised to provide masters and doctorate-level training in mechanical, electrical and ICT engineering.
Treasury documents show that the project will receive government funding for the first time in the financial year 2023/24 after it initially bagged a Sh9.6 billion credit facility from South Korea in 2021.
