Chinese digital pay-TV firm StarTimes Media has confirmed a $80 million investment to set up the group’s Africa headquarters with a completion date set for the end of 2015.
Kenya’s Cabinet Secretary for Sports, Arts and Culture Hassan Wario said the government remains committed to progressively easing the way of doing business in the country, attracting increased foreign direct investment and subsequently improving the lives of Kenyans.
“I wish to commend StarTimes Media for this bold step. It is trend setting, seeing that the headquarters will not only house your Africa operations, but also include a production centre that will see the growth of local productions and talents,” Wario said.
Wario added the government will continue to initiate efforts geared towards ensuring businesses flourish in their operations through such efforts as policy and infrastructure development.