StarTimes Media Unveils Kshs 6.9 Billion Investment in Kenya.
StarTimes media has announced plans to establish the Group’s Africa headquarters and Dubbing Center for Film and Broadcast Television in Kenya by the end of 2015.
The company intends to spend up to ksh6.9 Billion on the facility that will see the growth of local productions and talents with the support of the Kenyan government that will initiate efforts geared towards ensuring businesses flourish in their operations through such efforts as policy and infrastructure development.
StarTimes pay TV provider serves over 9 million subscribers worldwide with a powerful and secure multi-frequency and multi-channel digital wireless TV transmission platform. Established 2009 in Kenya, StarTimes intends to gradually build up a wireless digital TV platform based on DVB-T2 technology which will incorporate all the analogue channels broadcasted in the country as well as premium international channels.
Star Sport2 and Star Swahili will launch in the next two months with plans to expand job opportunities in the country by 2015 to accommodate at least 1,000 employees.
The ceremony held at Nairobi, Kenya was alongside the official launch of the Beijing Television Series Exhibition a series of programmes meant to expose top Chinese films and documentaries to African media and audience with the aim of promoting film and increased understanding of Chinese culture in Africa.
With services already available in over ten African countries so far, the company offering a variety of content in news, movies, sports, entertainment, music and documentaries in states that include; Nigeria, Tanzania, Uganda and Rwanda, as well as two broadcasting centres in Dar es Salaam and Abuja.
StarTime’s 6.9 Billion Facility.
The latest development is the company’s key investment in Africa and one likely to have a major positive impact on the country’s economy as more multinationals continue to grow their confidence in the country through set up of hub offices in Kenya.
The decision to set up the Africa base in the country was advised by the sound investment environment in the country, a strong economy and the Government’s commitment towards attracting increased foreign direct investment. Mr. Pang, the Group’s President equally noted the company’s role in promoting economic and social transformation in the country as StarTimes seeks to stamp its commitment to the Kenyan and Africa subscribers at large.
The premise will cover 20,000 ? in Karen, Nairobi and is expected to cost Ksh 6.9 Billion. The Base will see the setup of six units including StarTimes African Headquarter, StarTimes Kenya offices, a Film and Television Dubbing Center, StarTimes Broadcast Station, Digital TV research and development centre as well as a Training Center. Upon completion, this will equally become a complete production centre of clip selecting, dubbing, broadcasting and copyright trading.
StarTimes will endeavor to work closely with the Kenyan Government and all stakeholders to grow the broadcasting sector key in bringing the latest technologies in the industry as a means to further boost access to information.